Financial Stability Without Central Banks
€13.90
Product Information
| ISBN | 9780255367523 |
|---|---|
| Publisher | Institute of Economic Affairs |
| Price (excl. tax) | €13.11 |
| Tax | €0.79 |
| Price (incl. tax) | €13.90 |
| Availability | Unavailable |
Product 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.