Isbn: 9780266261551 - banking and the credit system (classic reprint) (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book provides an illuminating perspective on the critical role banking plays in contemporary society, particularly its contribution to the efficiency and effectiveness of the exchange process. The author explores how banking enables payments, collections, and settlements through the use of bank deposits and checks, highlighting the substantial economic advantages this brings. The book delves into the intricate relationship between bank credit and economic activity, explaining how bank loans create deposits and how the payment of loans extinguishes them. It also examines the nature of credit, the role of personal credit in the banking system, and the importance of bank reserves in maintaining the solvency of the banking system. Through its exploration of these topics, this book offers valuable insights into the functioning of the banking system and its impact on the broader economy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. …