Triumph of the Bankers - Money and Banking in the Eighteenth and Nineteenth Centuries (Hardcover, New)

In this sure-to-be-controversial history of money and banking, Hixson examines the historical and resulting present-day deficiencies of the U.S. monetary and banking system. His study reveals that in a whole series of historical cases over the eighteenth and nineteenth centuries faulty economic principles were applied to the developing system. His bold conclusions include suggestions that: commercial banks should be required to maintain 100 percent reserves on all demand-deposit accounts and thus be denied the present privilege of creating credit-money; and the federal government should be the sole creator of money in the economy. As in his previous book, Hixson challenges generally accepted historical and economic wisdom, making this a significant contribution to the literature.

General

Imprint:	Praeger Publishers Inc
Country of origin:	United States
Release date:	July 1993
First published:	July 1993
Authors:	William F. Hixson
Dimensions:	234 x 156 x 12mm (L x W x T)
Format:	Hardcover
Pages:	208
Edition:	New
ISBN-13:	978-0-275-94607-4
Categories:	Books > Business & Economics > Finance & accounting > Finance > Banking Books > Money & Finance > Banking Promotions
LSN:	0-275-94607-X
Barcode:	9780275946074

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