The Mystery Of Money Explained (1862)

The Mystery of Money Explained is a book written by James Taylor in 1862. The book aims to demystify the concept of money and provide readers with a comprehensive understanding of its origins, functions, and impact on society. Taylor explores the history of money, from its earliest forms of bartering to the development of coins and paper currency. He also delves into the workings of the modern banking system, including the creation of credit and the role of central banks. The book is divided into several chapters, each focusing on a specific aspect of money. Taylor discusses the various theories of value, such as the labor theory and the subjective theory, and how they relate to the concept of money. He also explores the impact of inflation and deflation on the economy and the role of the government in regulating the money supply. Throughout the book, Taylor emphasizes the importance of understanding money and its impact on society. He argues that a lack of understanding of money can lead to financial instability and economic crises. The book is written in a clear and accessible style, making it suitable for readers with little to no background in economics. Overall, The Mystery of Money Explained is a comprehensive and informative book that provides readers with a deeper understanding of the history, functions, and impact of money. It remains relevant today, as many of the issues and debates surrounding money and the economy continue to be hotly contested.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.