
A Primer on Money, Banking, and Gold (Peter L. Bernstein's Finance Classics)
by Bernstein, Peter L.; Volcker, Paul A.Buy New
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Summary
Author Biography
PETER L. BERNSTEIN is founder and President of Peter L. Bernstein, Inc., established in 1973 as publishers of Economics & Portfolio Strategy and consultants to institutional investors around the world. He is also the author of ten books, including three recent volumes from WileyAgainst the Gods: The Remarkable Story of Risk, The Power of Gold: The History of an Obsession, and Capital Ideas Evolving.
Table of Contents
Foreword | p. ix |
New Introduction | p. xv |
Original Introduction | p. xxv |
The Money Problem | |
Why Worry about Money and Gold? | p. 3 |
Spending and Financing | p. 8 |
The Price of Money | p. 16 |
The Creation of Money | |
Money in Hand and Money in the Bank | p. 29 |
The Business of Banking | p. 39 |
Bank Credit and Money | p. 49 |
The Control of Money | |
The Federal Reserve System | p. 69 |
Federal Reserve Tools of Control | p. 84 |
Reserve Requirements | p. 105 |
Currency: A Complication | p. 120 |
Gold | |
Gold at Home | p. 133 |
Gold Abroad | p. 142 |
Theory in Practice | |
The Experience of 1938 to 1945 | p. 163 |
The Experience of 1945 to 1963 | p. 176 |
The Experience of 1966 | p. 188 |
Conclusion: Money and Gold in the Future | p. 203 |
Reading the Weekly Federal Reserve Statement | p. 215 |
Bibliography | p. 227 |
Acknowledgments | p. 231 |
Index | p. 233 |
Table of Contents provided by Ingram. All Rights Reserved. |
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