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Money. banking. credit and economic cycles(Chinese Edition)


ISBN 10: 7121168642 / ISBN 13: 9787121168642
Nuovi Condizione: New Brossura
Da liu xing (JiangSu, JS, Cina)

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Paperback. Pub Date: 2012 Jun Pages: 784 Language: Chinese in Publisher: Publishing House of Electronics Industry as a representative of the Austrian School. De Soto. professor in this masterpiece interdisciplinary. to informative historical materials. full textual research and rigorous theoretical arguments. layman's language and an overview of the history of the development of the finance and banking. the monetary irregular the jurisprudence essence depository contract. History of the fract. Codice inventario libreria CC054343

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Titolo: Money. banking. credit and economic cycles(...

Legatura: paperback

Condizione libro:New

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In this great cross-disciplinary work, professor Desoto summarizes the development history of finance and banking industry in profound but simple language, and introduces the legal essence of irregular money depository contract, historic evolution of some reserve fund systems, major views of the economic circle on money and banking, and theory of Austrian School on money and banking credit system by detailed and accurate historical materials, sufficient literature research and rigorous theoretical arguments. The author points out that: repeated floating of actual variables in economics cycles are just caused by credit expansion initiated by artificially established fractional reserve system; to completely eliminate economics cycles, we must reform the existing central banking system and build current savings system based on 100% reserve fund.

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