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The US Financial System and its Crises - From the 1907 Panic to the 2007 Crash (Hardcover, 1st ed. 2019)
Loot Price: R2,563
Discovery Miles 25 630
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The US Financial System and its Crises - From the 1907 Panic to the 2007 Crash (Hardcover, 1st ed. 2019)
Series: Palgrave Studies in Economic History
Expected to ship within 10 - 15 working days
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Total price: R2,583
Discovery Miles: 25 830
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Looking at the precedents set by the panic of 1907 and the Great
Depression in America, this book investigates the causes of the
2007-2008 financial crisis. Pizzutto examines the effects of
monetary policy, as well as of expanding and contracting financial
cycles, in order to analyze the breakdown of the money market and
capital market circuits. Not only exploring the impact of the
Federal Reserve and central banking on monetary policy, he also
analyzes the role of non-bank financial intermediaries. How can
monetary policy resolve the instability of the US financial system?
How can financial intermediation work effectively? This timely book
highlights how historical lessons can be used to avoid the next
financial crisis.
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