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" OF AN INCONVERTIBLE PAPER CURRENCY. 1 . AFTER experience had shown that pieces of paper, of no intrinsic value, by merely bearing upon them the written profession of being equivalent to a certain number of francs, dollars, or pounds, could be made... "
Complexity, Endogenous Money and Macroeconomic Theory: Essays in Honour of ... - Page 203
edited by - 2006 - 448 pages
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Principles of Political Economy, Volume 2

John Stuart Mill - 1896
...in the estimation of lenders a sufficient prospect that those advances will be repaid. CHAPTER XIII. OF AN INCONVERTIBLE PAPER CURRENCY. 1 . AFTER experience...produce all the benefit to the issuers which could haye been produced by the coins which they purported to represent ; governments began to think that...
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The Arena, Volume 18

United States - 1897
...property has money stamped on gold and silver that it only can act on prices? John Stuart Mill says : After experience had shown that pieces of paper, of...circulate as such, and to produce all the benefit to the users which could have been produced by the coins which they purported to represent, governments began...
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Rational Money: A National Currency Intelligently Regulated in Reference to ...

Frank Parsons - Currency question - 1898 - 177 pages
...intrinsic value is not requisite to money. John Stuart Mill says (Polit. Econ., Book iii, chap. 13, 1): "After experience had shown that pieces of paper,...or pounds, could be made to circulate as such, and te produce all the benefit to the issuers which could have been produced by the coins they purported...
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Principles of Political Economy: With Some of Their Applications ..., Volume 2

John Stuart Mill - Economics - 1899
...in the estimation of lenders a sufficient prospect that those advances will be repaid. CHAPTEE XIII. OF AN INCONVERTIBLE PAPER CURRENCY. 1. AFTER experience...shown that pieces of paper, of no intrinsic value, bv merelv bearing upon them the written ,/ V I profession of bcing equivalent to a certain number of...
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