The Nature of Stock

Stock is divided into fixed, circulating, and for consumption

Three Divisions of Stock

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The Stock for Consumption and Fixed Capital

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Circulating Capital

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Money as Part of the General Stock of Society

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Money as a store of value and a tool for trade

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Kinds of Paper Money

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Computing the Net Domestic Product

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Cash Accounts and Discounted Bills of Exchange

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The Dangers of Overcirculation

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Advantages of Bank Prudence

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How Drawing and Redrawing Works

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The Ayr Bank

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The Mississippi Scheme

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Central Banks - The Bank of England

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Banks Increase National Wealth by Mobilizing Dead Stock

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Two Branches of Circulation: Wholesale and Retail

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