Financial Stability Without Central Banks
Book Details
Format
Paperback / Softback
ISBN-10
025536752X
ISBN-13
9780255367523
Publisher
Institute of Economic Affairs
Imprint
Institute of Economic Affairs
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 4th, 2018
Print length
88 Pages
Weight
110 grams
Dimensions
13.10 x 19.90 x 1.40 cms
Product Classification:
Economic theory & philosophyMonetary economicsEconomic systems & structuresBanking
Ksh 1,800.00
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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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