Overview
This book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.
- | Author: George Selgin
- | Publisher: Institute of Economic Affairs
- | Publication Date: Jan 04, 2018
- | Number of Pages:
- | Language:
- | Binding: Paperback / softback
- | ISBN-13: 9780255367523
- | ISBN-10: 025536752X