This is a straight-forward, readable account, written with the minimum
of jargon, of the central importance of money in the ordinary business
of the life of different people throughout the ages from ancient times
to the present day. It includes the Barings crisis and the report by
the Bank of England on Barings Bank; up-to-date information on the
state of Japanese banking and the changes in the financial scene in
the US. It also touches on the US housing market and the problem of
negative equity. The paradox of why more coins than ever before are
required in an increasingly cashless society is clearly explained, as
is the role of the Euro coin as the lowest common denominator in
Europe's controversial single currency system. The final section
provides evidence to suggest that for most of the world's richer
countries the era of persistent inflation may well be at an end. This
new edition is updated and takes account of important recent
developments such as the independence of the Bank of England, the
introduction of Euro notes and coins from 1st of January 2002 and
developments in electronic money.
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Produktdetaljer
ISBN
9780708323793
Publisert
2015
Utgave
3. utgave
Utgiver
Vendor
University of Wales Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter