Excerpt from Gold: The Romance of Its Discovery in Australia Nor has mankind reached a sufiicient stage 'of mutual trust to rely wholly upon credits and book entries in international dealings. Gold is dur able, of unvarying quality; no other commodity is as suitable for money. The exact price, now a fine oz. In Australia, depends on the exchange rate. Similar factors apply in Britain and America. Because reductions of international exchange rates cause the ills of deflation, the balance of evidence is that the price of ...
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Excerpt from Gold: The Romance of Its Discovery in Australia Nor has mankind reached a sufiicient stage 'of mutual trust to rely wholly upon credits and book entries in international dealings. Gold is dur able, of unvarying quality; no other commodity is as suitable for money. The exact price, now a fine oz. In Australia, depends on the exchange rate. Similar factors apply in Britain and America. Because reductions of international exchange rates cause the ills of deflation, the balance of evidence is that the price of gold is likely to stay where it is or go even higher, rather than fall. Much has been learned about management oi credit and monetary systems, but gold will remain. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Add this copy of Gold: the Romance of Its Discovery in Australia to cart. $17.87, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2019 by Forgotten Books.
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