
Financial Stability Without Central Banks
€ 13,90
Informação do Produto
| ISBN | 9780255367523 |
|---|---|
| Editora | Institute of Economic Affairs |
| Preço (iva excl.) | € 13,11 |
| Imposto | € 0,79 |
| Preço (iva inc.) | € 13,90 |
| Disponibilidade | Indisponível |
Descrição do Produto
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.