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Financial Stability Without Central Banks

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  • 88 stránok
  • 4 hodiny čítania

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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

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Rok vydania
2018
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