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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
- Langue
- Année de publication
- 2018
- Reliure
- (souple)
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- Titre
- Financial Stability Without Central Banks
- Langue
- Anglais
- Auteurs
- George Selgin
- Publié
- 2018
- Format
- souple
- Pages
- 88
- ISBN10
- 025536752X
- ISBN13
- 9780255367523
- Séries
- Évaluation
- 3,65 sur 5
- Description
- 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.