Peníze v amerických koloniích
Title in English | Money in the American colonies |
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Authors | |
Year of publication | 2009 |
Type | Popularization text |
MU Faculty or unit | |
Citation | |
Description | The article examines about the scarcity of money by means of issuing paper money. Analyses the methods which were used in the USA to cover the initial lack of classic money in the circulation. The article describes private money as a particular part of the money supply especially the using of foreign specie coins, state money, loan money, bills and debt money during the period of 17th century. We discuss two ways how to get money into circulation and their impact on the price level. |