Details

A Primer on Money, Banking, and Gold (Peter L. Bernstein's Finance Classics)


A Primer on Money, Banking, and Gold (Peter L. Bernstein's Finance Classics)


Peter L. Bernstein's Finance Classics, Band 4 1. Aufl.

von: Peter L. Bernstein, Paul A. Volcker

12,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 02.09.2008
ISBN/EAN: 9780470384220
Sprache: englisch
Anzahl Seiten: 272

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as <i>Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity</i>—which have forewords by financial luminaries and new introductions by the author—you can enjoy some of the best of Bernstein in his earlier Wall Street days. <p>With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial system—its strengths as well as its weaknesses. <i>A Primer on Money, Banking, and Gold</i> takes you back to the beginning and sorts out all the pieces.</p> <p>Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy.</p> <p>This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.</p>
<p>Foreword by Paul A. Volcker ix</p> <p>New Introduction xv</p> <p>Original Introduction xxv</p> <p><b>Part One The Money Problem</b></p> <p>Chapter 1 Why Worry about Money and Gold? 3</p> <p>Chapter 2 Spending and Financing 8</p> <p>Chapter 3 The Price of Money 16</p> <p><b>Part Two The Creation of Money</b></p> <p>Chapter 4 Money in Hand and Money in the Bank 29</p> <p>Chapter 5 The Business of Banking 39</p> <p>Chapter 6 Bank Credit and Money 49</p> <p><b>Part Three The Control of Money</b></p> <p>Chapter 7 The Federal Reserve System 69</p> <p>Chapter 8 Federal Reserve Tools of Control 84</p> <p>Chapter 9 Reserve Requirements 105</p> <p>Chapter 10 Currency: A Complication 120</p> <p><b>Part Four Gold</b></p> <p>Chapter 11 Gold at Home 133</p> <p>Chapter 12 Gold Abroad 142</p> <p><b>Part Five Theory in Practice</b></p> <p>Chapter 13 The Experience of 1938 to 1945 163</p> <p>Chapter 14 The Experience of 1945 to 1963 176</p> <p>Chapter 15 The Experience of 1966 188</p> <p>Conclusion Money and Gold in the Future 203</p> <p>Appendix Reading the Weekly Federal Reserve Statement 215</p> <p>Bibliography 227</p> <p>Acknowledgments 231</p> <p>Index 233</p>
<i>"This book reveals and discusses the link that still exists between money and gold."</i> (Finance & Management Faculty, October, 2008)
<b>PETER L. BERNSTEIN</b> is founder and President of Peter L. Bernstein, Inc., established in 1973 as publishers of <i>Economics & Portfolio Strategy</i> and consultants to institutional investors around the world. He is also the author of ten books, including three recent volumes from Wiley—<i>Against the Gods: The Remarkable Story of Risk</i>, <i>The Power of Gold: The History of an Obsession</i>, and <i>Capital Ideas Evolving</i>.
One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as <i>Economist on Wall Street, A Primer on Money, Banking, and Gold</i>, and <i>The Price of Prosperity</i>â??which have forewords by financial luminaries and new introductions by the authorâ??you can enjoy some of the best of Bernstein in his earlier Wall Street days.<br /> <br /> <p>With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial systemâ??its strengths as well as its weaknesses. <i>A Primer on Money, Banking, and Gold</i> takes you back to the beginning and sorts out all the pieces.</p> <p>Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy.</p> <p>This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.</p>

Diese Produkte könnten Sie auch interessieren:

Global Credit Management
Global Credit Management
von: Ron Wells
PDF ebook
80,99 €
Handbook of Decision Analysis
Handbook of Decision Analysis
von: Gregory S. Parnell, Terry Bresnick, Steven N. Tani, Eric R. Johnson
EPUB ebook
131,99 €
Internal Audit Reports Post Sarbanes-Oxley
Internal Audit Reports Post Sarbanes-Oxley
von: Susan M. Switzer
PDF ebook
65,99 €