Financial Stability Without Central Banks

Name: Financial Stability Without Central Banks
Brand: Institute of Economic Affairs
SKU: 1875929
Author: George Selgin

George Selgin

Institute of Economic Affairs

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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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