The American Monetary System: An Insider's View of Financial Institutions, Markets and Monetary Policy
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cham [u.a.]
Springer
2013
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Beschreibung: | 1 Online-Ressource (XXII, 228 S.) |
ISBN: | 9783319029078 |
DOI: | 10.1007/978-3-319-02907-8 |
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adam_text | THE AMERICAN MONETARY SYSTEM
/ WALLACE, WILLIAM H.
: 2013
TABLE OF CONTENTS / INHALTSVERZEICHNIS
INTRODUCTION
PART I
HISTORICAL PERSPECTIVES ON MONEY, FINANCIAL INSTITUTIONS AND MARKETS
WHAT GIVES MONEY ITS VALUE?
FROM GOLD TO PAPER
WHAT IS DRIVING THE FINANCIAL WORLD TODAY?
PART II BANKING: ASSET & LIABILITY MANAGEMENT; BANKING SUPERVISION &
REGULATION
HOW ARE BANKS FUNDED?
HOW DO BANKS USE THEIR FUNDS?
WHO OWNS THE BANKS? BANK CAPITAL AND THE BASEL ACCORD
HOW SAFE ARE OUR BANKS?
PART III FINANCIAL MARKETS AND THE MANAGEMENT OF FINANCIAL RISK
WHAT MAKES THE SYSTEM WORK?
WHO FINANCES AMERICAN INDUSTRY? – THE RELATIVE ROLES OF COMMERCIAL AND
INVESTMENT BANKING
WHAT WENT WRONG AND WHAT ARE WE DOING TO FIX IT? –A CHRONOLOGY OF
FINANCIAL CRISES
WHY HAVE FINANCIAL RISKS SKYROCKETED, AND HOW IS THE INDUSTRY DEALING
WITH IT?
PART IV CENTRAL BANKING AND MONETARY POLICY
WHAT ARE THE PURPOSES AND FUNCTIONS OF THE FEDERAL RESERVE SYSTEM? 248
HOW IS AMERICAN MONETARY POLICY MADE, AND HOW DOES IT AFFECT THE
DOMESTIC AND GLOBAL ECONOMIES?
ABOUT THE AUTHOR
BIBLIOGRAPHY.
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT.
THE AMERICAN MONETARY SYSTEM
/ WALLACE, WILLIAM H.
: 2013
ABSTRACT / INHALTSTEXT
TODAY’S FINANCIAL SYSTEM IS CONSIDERABLY MORE COMPLEX THAN IN YEARS
PAST, AS NEW FINANCIAL INSTRUMENTS HAVE BEEN INTRODUCED THAT ARE NOT
WELL UNDERSTOOD EVEN BY THE PEOPLE AND INSTITUTIONS THAT INVEST IN THEM.
NUMEROUS HIGH-RISK OPPORTUNITIES ARE AVAILABLE, AND THE NUMBER OF PEOPLE
WHO UNWITTINGLY WANDER INTO SUCH VENTURES SEEMS TO GROW DAILY. THERE IS
ALSO THE REALIZATION THAT PEOPLE’S LIVES ARE AFFECTED BY THE FINANCIAL
SYSTEM WITHOUT THEIR OVERT PARTICIPATION IN IT. DESPITE NO ACTIVE
PARTICIPATION, PENSIONS CAN BE EMASCULATED BY A SUDDEN DECLINE IN
INTEREST RATES, OR A RISE IN RATES CAN INCREASE THE MONTHLY PAYMENTS ON
A MORTGAGE, CREDIT CARDS OR OTHER DEBT. THIS BOOK LOOKS AT THE HISTORY
OF THE AMERICAN BANKING SYSTEM, INCLUDING THE PASSAGE OF THE FEDERAL
RESERVE ACT IN 1913, THE IMPLEMENTATION OF DEPOSIT INSURANCE, ALONG WITH
CERTAIN OTHER PROVISIONS OF THE GLASS-STEAGALL ACT OF 1933, THE
BRETTON-WOODS AGREEMENTS, THE FORCES OF TECHNOLOGICAL INNOVATION AND THE
DODD-FRANK ACT, PASSED BY CONGRESS IN 2010 FOR REGULATORY REFORM. THIS
BOOK WILL BE OF INTEREST TO UNDERGRADUATE AND GRADUATE LEVEL STUDENTS
THAT WANT TO GAIN A BROAD UNDERSTANDING OF HOW THE FINANCIAL SYSTEM
WORKS, WHY IT IS IMPORTANT TO THE ECONOMY AS A WHOLE, AND WHAT ITS
STRENGTHS AND WEAKNESSES ARE. ALSO, READERS SHOULD GAIN AN UNDERSTANDING
OF WHAT THE FEDERAL RESERVE, OTHER REGULATORS AND OTHER CENTRAL BANKS
ARE DOING, AND WILL BE IN A POSITION TO CRITIQUE THEIR ACTIONS AND SAY
WITH SOME DEPTH OF UNDERSTANDING WHY THEY AGREE OR DISAGREE WITH THEM
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT.
|
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spellingShingle | Wallace, William H. The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy |
title | The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy |
title_auth | The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy |
title_exact_search | The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy |
title_full | The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy William H. Wallace |
title_fullStr | The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy William H. Wallace |
title_full_unstemmed | The American Monetary System An Insider's View of Financial Institutions, Markets and Monetary Policy William H. Wallace |
title_short | The American Monetary System |
title_sort | the american monetary system an insider s view of financial institutions markets and monetary policy |
title_sub | An Insider's View of Financial Institutions, Markets and Monetary Policy |
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