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Chapter V. Metallic Money |
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This section is from the book "Money And Banking", by William A. Scott . Also available from Amazon: Money and Banking.
In Chapter II (The Medium Of Exchange: Its Characteristics And Composition, And The Relation Between Its Constituent Elements) the currencies of modern times were analyzed into their constituent elements and their general characteristics pointed out. We shall now consider each element separately, beginning with the metallic.
 
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advantages, bank currency, banking machinery, bank rates, banking systems, composition, foreign exchanges, functions of money, paper money, bimetallism, medium of exchange, metallic money, prices, theory of prices, safety, standard of value
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