A Serious Fall in the Value of Gold Ascertained

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The book offers a detailed analysis of the gold standard during the 19th century, highlighting the transition from silver to gold currency in various countries. William Stanley Jevons examines the impact of gold rushes in the U.S. and Australia, predicting a decline in gold value due to increased supply. His use of charts and formulas supports his theories, while his foresight regarding the eventual abandonment of the gold standard adds historical significance. This study remains relevant today, especially in light of contemporary gold price inflation, appealing to economists and history enthusiasts alike.