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Der Übergang zur Goldwährung

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The excerpt discusses the significance of the relationship between theoretical and practical aspects of currency reform in the Austro-Hungarian context. It emphasizes that this relationship is not merely theoretical but holds practical importance, particularly concerning the introduction of mandatory gold accounting, which requires specific parliamentary decisions. The author warns against harboring unrealistic expectations regarding this process, suggesting that those who do may face significant disappointments. Even if the established relationship proves to be unjust, the two governments retain the authority to implement currency reform based on the initially agreed-upon terms. The publisher, Forgotten Books, specializes in reproducing rare and classic works, utilizing advanced technology to restore and preserve the original format while addressing imperfections found in aged copies. While some flaws may remain in the reproduction, they are intentionally retained to maintain the historical integrity of the work.

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Der Übergang zur Goldwährung, Carl Menger

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2011
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