Financial Stability Without Central Banks

13,90 €


Envío en 4/5 dias

Información del producto

ISBN9780255367523
EditorialInstitute of Economic Affairs
Precio (sin IVA)13,11 €
Impuestos0,79 €
Precio (IVA incluido)13,90 €
Disponibilidad3 Unidades En almacén externo

Descripción del producto

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.