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Financial Stability Without Central Banks

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This book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.

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Financial Stability Without Central Banks, George Selgin

Jazyk
Rok vydania
2018
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3,7
Veľmi dobrá
9 Hodnotenie

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Titul
Financial Stability Without Central Banks
Jazyk
anglicky
Rok vydania
2018
Väzba
mäkká
Počet strán
88
ISBN10
025536752X
ISBN13
9780255367523
Série
Hodnotenie
3,65 z 5
Anotácia
This book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.