Countdown header img desk

MAI SUNT 00:00:00:00

MAI SUNT

X

Countdown header img  mob

MAI SUNT 00:00:00:00

MAI SUNT

X

Promotii popup img

🎟️Cupon ACTIV 🎟️

aplică LIB20CARTICUSPF

pentru -20% REDUCERE!

Pregătește-ți lecturile tale de vară!🔆

Lombard Street: A Description Of The Money Market

Lombard Street: A Description Of The Money Market - Walter Bagehot

Lombard Street: A Description Of The Money Market

Lombard Street: A Description of the Money Market book is one of the all-time classics of finance and monetary policy, and is still relied upon today by central banks world-wide for its statement of broad principles in times of financial calamity.

Written in 1873 in reaction to the Bank of England's response to a financial meltdown, the collapse of a bank, which induced a panic that spread throughout the country in 1866, Lombard Street was one of the first books to describe international monetary policy in clear, easy-to-understand terms.

Walter Bagehot's advice for central bankers a century and a half ago is still sage today: in times of financial panic, lend freely to solvent firms with good collateral at higher-but-fair rates--a seemingly simple principle but one that many countries failed to follow, always to their detriment, until the worldwide Great Depression of the 1930s made Bagehot's advice mainstream theory for central bankers.

Eminently readable, and both useful and important today as a foundational document, Lombard Street is essential reading for anyone interested in basic monetary policy and the workings of central banks in times of crisis.

Citeste mai mult

-10%

PRP: 123.81 Lei

!

Acesta este Pretul Recomandat de Producator. Pretul de vanzare al produsului este afisat mai jos.

111.43Lei

111.43Lei

123.81 Lei

Primesti 111 puncte

Important icon msg

Primesti puncte de fidelitate dupa fiecare comanda! 100 puncte de fidelitate reprezinta 1 leu. Foloseste-le la viitoarele achizitii!

Livrare in 2-4 saptamani

Plaseaza rapid comanda

Important icon msg

Poti comanda acest produs introducand numarul tau de telefon. Vei fi apelat de un operator Libris.ro in cele mai scurt timp pentru prealuarea datelor necesare.

Completeaza mai jos numarul tau de telefon

Descrierea produsului

Lombard Street: A Description of the Money Market book is one of the all-time classics of finance and monetary policy, and is still relied upon today by central banks world-wide for its statement of broad principles in times of financial calamity.

Written in 1873 in reaction to the Bank of England's response to a financial meltdown, the collapse of a bank, which induced a panic that spread throughout the country in 1866, Lombard Street was one of the first books to describe international monetary policy in clear, easy-to-understand terms.

Walter Bagehot's advice for central bankers a century and a half ago is still sage today: in times of financial panic, lend freely to solvent firms with good collateral at higher-but-fair rates--a seemingly simple principle but one that many countries failed to follow, always to their detriment, until the worldwide Great Depression of the 1930s made Bagehot's advice mainstream theory for central bankers.

Eminently readable, and both useful and important today as a foundational document, Lombard Street is essential reading for anyone interested in basic monetary policy and the workings of central banks in times of crisis.

Citeste mai mult

S-ar putea sa-ti placa si

De acelasi autor

Parerea ta e inspiratie pentru comunitatea Libris!

Acum se comanda

Noi suntem despre carti, si la fel este si

Newsletter-ul nostru.

Aboneaza-te la vestile literare si primesti un cupon de -10% pentru viitoarea ta comanda!

*Reducerea aplicata prin cupon nu se cumuleaza, ci se aplica reducerea cea mai mare.

Ma abonez image one
Ma abonez image one