Designed to keep checking banks 100% liquid; to prevent inflation and deflation; largely to cure or prevent depressions; and to wipe out much of the National Debt.New York: The Adelphi Company, 1935 Stock Code: 119497
Endorsed by Hayek; one of the most important works on 100 percent banking ever writtenFirst edition. 100 Money was Fisher's proposal to eliminate economic fluctuations by requiring that demand deposits be backed by a corresponding amount of cash, an idea which had its roots in the work of Walras, Mises, and the Chicago School.
Octavo. Original blue cloth, spine lettered in gilt.
Bookplate of economic scholar M. L Burstein to front pastedown. Spine ends and corners bumped, lettering faded, ownership inscription on title page erased, otherwise an excellent, bright copy.
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