Where Does Money Come From?: A Guide to the UK Monetary and Banking System
- ISBN-10
- 1908506237
- ISBN-13
- 9781908506238
- Series
- Where Does Money Come From?
- Category
- Banks and banking
- Pages
- 178
- Language
- English
- Published
- 2012
- Authors
- Andrew Jackson, Richard Werner, Tony Greenham
Description
This title reveals how, contrary to public perception, the bulk of today's money supply is created and allocated by commercial banks in their role as providers of credit. The authors argue that this system is inherently unstable, with little effective regulation of how much credit is provided, or whether it is used for productive or speculative purposes.
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Other editions
-
- 2013-07
- 22 pages
- Paperback
- Trafford Publishing
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