Note 3 — Chapter I · THE CONSEQUENCES TO SOCIETY OF CHANGES IN THE VALUE OF MONEY
Reading edition
If (for example) the rate of interest falls from 4½ per cent to 3 per cent, 3 per cent Consols rise in value from 66 to 100.
Reading edition
If (for example) the rate of interest falls from 4½ per cent to 3 per cent, 3 per cent Consols rise in value from 66 to 100.