A Practical Plan For Assimilating The English And American Money As A Step Towards A Universal Money (1889)

""A Practical Plan For Assimilating The English And American Money As A Step Towards A Universal Money"" is a book written by Walter Bagehot and published in 1889. The book outlines a plan for the unification of English and American currencies as a step towards a universal currency. Bagehot argues that the current system of multiple currencies creates inefficiencies and confusion in international trade and finance, and proposes a system in which the English pound and American dollar would be merged into a single currency. The book includes detailed analysis of the economic and political implications of such a plan, as well as practical steps for its implementation. Bagehot was a prominent economist and journalist of his time, and his ideas on monetary policy continue to influence economic theory and practice today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.