Financial Stability Without Central Banks
Selgin George
9780255367523
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| Author(s) :- Selgin George | Format :- Paperback |
| Publisher :- Institute of Economic Affairs | Pub. Date :- 2018-01-04 |
| ISBN-13 :- 9780255367523 | |
| Pagination :- 88 pages | |
| Dimensions :- 131 x 199 x 14 | |
| Weight :- 110 |
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.
