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A Primer on Money, Banking, and Gold (Peter L. Bernstein's Finance Classics)
Contributor(s): Bernstein, Peter L. (Author), Volcker, Paul A. (Foreword by)
ISBN: 0470287586     ISBN-13: 9780470287583
Publisher: Wiley
OUR PRICE:   $17.96  
Product Type: Paperback - Other Formats
Published: August 2008
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Finance - General
- Business & Economics | Money & Monetary Policy
- Business & Economics | Investments & Securities - General
Dewey: 332.497
LCCN: 2008028076
Series: Peter L. Bernstein's Finance Classics
Physical Information: 0.71" H x 5.08" W x 7.99" (0.63 lbs) 272 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity--which have forewords by financial luminaries and new introductions by the author--you can enjoy some of the best of Bernstein in his earlier Wall Street days.

With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial system--its strengths as well as its weaknesses. A Primer on Money, Banking, and Gold takes you back to the beginning and sorts out all the pieces.

Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy.

This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.