The British Banking Mechanism

Auteur

W. Manning Dacey, Late Honorary Fellow of the London School of Economics, Economic Advisor, Lloyds Bank.

Texte du rabat

First published in 1951, The British Banking Mechanism seeks to enable the reader to obtain a real understanding of the British financial system as it operated back in the 1950s.This book is of historical importance for scholars and students of banking history, British banking and British economics.

Résumé
First published in 1951, The British Banking Mechanism seeks to enable the reader to obtain a real understanding of the British financial system as it operated back in the 1950s.This book is of historical importance for scholars and students of banking history, British banking and British economics.

Contenu

Foreword 1. Some Fundamentals of Deposit Banking 2. The Pyramid of Credit 3. The Basis of Credit 4. Some Fundamentals of Central Banking 5. Bills and the Bill Market 6. Phases in Discount Market Evolution 7. 'Tap' and 'Tender' 8. The Liquidity of Banking Assets 9. The Pre-War Assets Structure 10. The Technique of Insulation 11. The Note Issue Since 1939 12. Bank Rate and its Workings 13. The Beginnings of Cheap Money 14. Deficit Finance 15. Ultra-Cheap Money 16. The Return of Bank Rate 17. Postscript: From Crisis to Crisis Appendix Index