BOOKS - HISTORY - Money, Politics and Power Banking and Public Finance in Wartime Eng...
US $8.60
829932
829932
Money, Politics and Power Banking and Public Finance in Wartime England, 1694–96
Author: Richard A. Kleer
Year: 2017
Number of pages: 256
Format: PDF
File size: 14.8 MB
Language: ENG
Year: 2017
Number of pages: 256
Format: PDF
File size: 14.8 MB
Language: ENG
The Nine Years’ War with France was a period of great institutional innovation in public finance and of severe monetary turmoil for England. It saw the creation of the Bank of England; a sudden sharp fall in the external value of the pound; a massive undertaking to melt down and recoin most of the nation’s silver currency; a failed attempt to create a National Land Bank as a competitor to the Bank of England; and the ensuing outbreak of a sharp monetary and financial crisis.