Author : Morgan Ricks
Release : 2016-03-09
Genre : Business & Economics
Kind :
Book Rating : 46X/5 ( reviews)

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The Money Problem - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Money Problem write by Morgan Ricks. This book was released on 2016-03-09. The Money Problem available in PDF, EPUB and Kindle. An “intriguing plan” addressing shadow banking, regulation, and the continuing quest for financial stability (Financial Times). Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered. Should money creation be considered a “public” or “private” activity—or both? What do we mean by, and want from, financial stability? What role should regulation play? How would we design our monetary institutions if we could start from scratch? In The Money Problem, Morgan Ricks addresses these questions and more, offering a practical yet elegant blueprint for a modernized system of money and banking—one that, crucially, can be accomplished through incremental changes to the United States’ current system. He brings a critical, missing dimension to the ongoing debates over financial stability policy, arguing that the issue is primarily one of monetary system design. The Money Problem offers a way to mitigate the risk of catastrophic panic in the future, and it will expand the financial reform conversation in the United States and abroad. “Highly recommended.” —Choice