Synopses & Reviews
Synopsis
Further Considerations Concerning Raising The Value Of Money is a book written by John Locke, a philosopher and economist, in 1695. The book is a continuation of his earlier work, Some Considerations of the Consequences of the Lowering of Interest and the Raising of the Value of Money, and expands upon his ideas about the relationship between money and the economy.In this book, Locke argues that the value of money can be increased by reducing the amount of currency in circulation. He believes that this can be achieved by lowering interest rates, which would encourage people to save their money rather than spend it. This, in turn, would reduce the demand for goods and services, leading to lower prices and a higher value for money.Locke also discusses the impact of international trade on the value of money. He argues that a country's balance of trade can affect the amount of currency in circulation and therefore its value. He advocates for policies that promote a favorable balance of trade, such as reducing tariffs and promoting exports.Overall, Further Considerations Concerning Raising The Value Of Money is a seminal work in the field of economics and provides valuable insights into the relationship between money, interest rates, and the economy.That the World will not wonder you should not be for such a lessening our Coin, as will, without any Reason, deprive great Numbers of blameless Men of a Fifth Part of their Estates, beyond the Relief of Chancery. I hope this Age will scape so great a Blemish. I doubt not but there are many, who, for the Service of their Countrey, and for the Support of the Government, would gladly part with, not only one Fifth, but a much larger Portion of their Estates.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.