Financial stability without central banks
Auteur :
Selgin, George
Éditeur :
Institute of Economic Affairs
ISBN :
9780255367523
Date de publication :
4 janv. 2018
Dimensions :
19,8 x 13,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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.