Free banking is a theory of banking in which market forces control the provision of banking services, where there is no central bank to protect commercial banks from bank runs and where money production is unregulated by government. Under free banking, government-supported central banks and currency boards do not exist, banking-specific government regulations are either non-existent or not as strict, and general commercial laws against fraud, insolvency and bankruptcy apply to banks as they apply to other commercial entities. Unregulated banking services may include the provision of full reserve banking services, bank note issuance by private institutions (which could be backed by the liquid assets of the bank or by gold or silver), cheque accounts, deposit acceptance, and/or money lending.
Produktkennzeichnungen
Herausgeber
Frederic P. Miller, John Mcbrewster, Agnes F. Vandome
ISBN-10
6130262531
ISBN-13
9786130262532
eBay Product ID (ePID)
3042185353
Produkt Hauptmerkmale
Sprache
Englisch
Anzahl der Seiten
124 Seiten
Verlag
Alphascript Publishing
Publikationsname
Free Banking
Autor
Frederic P. Miller, John Mcbrewster, Agnes F. Vandome
Format
Taschenbuch
Erscheinungsjahr
2009
Zusätzliche Produkteigenschaften
Hörbuch
No
Inhaltsbeschreibung
Paperback
Item Length
22cm
Item Height
7mm
Item Width
15cm
Item Weight
201g
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