Peníze v amerických koloniích

Title in English Money in the American colonies
Authors

BENADA Luděk ŠTURC Boris

Year of publication 2009
Type Popularization text
MU Faculty or unit

Faculty of Economics and Administration

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.

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