Credit and Power: The Paradox at the Heart of the British National Debt - Rilegato

Sherratt, Simon

 
9780367333614: Credit and Power: The Paradox at the Heart of the British National Debt
Rilegato
ISBN 10: 0367333619 ISBN 13: 9780367333614
Casa editrice: Routledge, 2020

Sinossi

This book reveals the surprising role that credit, money created ex nihilo by financiers, played in raising the British government’s war loans between 1793 and 1815. Using often overlooked contemporary objections to the National Debt a startling paradox is revealed as it is shown how the government’s ostensible creditors had, in fact, very little "real" money to lend and were instead often reliant for their own solvency upon the very government they were lending to. By following the careers of unsuccessful loan-contractors, who went bankrupt lending to the government, to the triumphant career of the House of Rothschild; who successfully "exported" the British system of war-financing abroad with the coming of peace, the symbiotic relationship that existed between the British government and their ostensible creditors is revealed. Also highlighted is the power granted to the (technically bankrupt) Bank of England over credit and the money supply, an unprecedented and highly influential development that filled many contemporaries with horror. This is a tale of bankruptcy, stock market manipulation, bribery and institutional corruption that continues to exert its influence today and will be of interest to anyone interested in government financing, debt and the origins of modern finance.

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Informazioni sull?autore

Simon Sherratt is an economic historian interested in the National Debt, government loan-contracting, credit and "money creation."

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Editore
Routledge
Data di pubblicazione
2020
Lingua
Inglese
ISBN 10 
0367333619
ISBN 13 
9780367333614
Rilegatura
Copertina rigida
Numero edizione
1
Numero di pagine
256
Contatto del produttore
non disponibile
Persona responsabile
Yeepin GmbH
492000000000
sunshine12232@outlook.com

Alleestr.11
Kaiserslautern
Rheinland-Pfalz
67655
Germania

Altre edizioni note dello stesso titolo

9780367614973: Credit and Power: The Paradox at the Heart of the British National Debt

Edizione in evidenza

ISBN 10:  0367614979 ISBN 13:  9780367614973
Casa editrice: Routledge, 2022
Brossura