A History of Money: From Ancient Times to the Present Day
This work provides an account of the central importance of money in the ordinary business of different people throughout the ages, from ancient times to the present day. This revised and updated edition also covers: the Barings crisis and the report by the Bank of England on Barings Bank; the state of Japanese banking; changes in the financial scene in the United States; the UK housing market; and the phenomenon of negative equity.
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THE NATURE AND ORIGINS OF MONEY AND BARTER 132
as old as the hills
Modern barter and countertrading
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accepted American Bank of England Bank's bankers banking system banknotes barter became become bills borrowing branches Britain British building societies bullionist capital cash cent central bank century circulation coinage coins colonies companies considerable country banks crisis currency Danegeld debasement decade demand denarius deposits despite Diocletian discount dollar early economic economists effect English Europe European Exchequer export Federal Reserve foreign exchange foreign exchange markets France German gold standard goldsmiths Greek growth important increased industrial inflation inflationary institutions investment Keynes Keynesian later LDCs loans London merchants million mints modern monetarism monetarist monetary policy money supply note issue official operations paper money payments penny period political pound precious metals primitive Professor reform regional Report rise role Roman royal savings banks Scotland South Sea Company sterling tallies taxes theory trade Treasury usury