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Where Does Money Come From?: A Guide to the UK Monetary & Banking System Hardcover – 1 Mar 2014

4.4 out of 5 stars 33 customer reviews

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Hardcover, 1 Mar 2014
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Product details

  • Hardcover: 186 pages
  • Publisher: New Economics Foundation; 2nd Revised edition edition (1 Mar. 2014)
  • Language: English
  • ISBN-10: 1908506547
  • ISBN-13: 978-1908506542
  • Product Dimensions: 6.4 x 1.8 x 25.2 cm
  • Average Customer Review: 4.4 out of 5 stars 33 customer reviews
  • Amazon Bestsellers Rank: 441,629 in Books (See Top 100 in Books)
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Product description

Where Does Money Come From? reveals how, contrary to public perception, the bulk of today's money supply is created and allocated by commercial banks in their role as providers of credit. The authors argue that this system is inherently unstable, with little effective regulation of how much credit is provided, or whether it is used for productive or speculative purposes. Based on detailed research and consultation with experts, including from the Bank of England, Where Does Money Come From? reviews theoretical and historical debates on the nature of money and banking and explains the role ofÊthe central bank, the Government and the European Union. This second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe.



33 customer reviews

4.4 out of 5 stars

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10 August 2015
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19 October 2016
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17 April 2018
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20 August 2014
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5 December 2013
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6 November 2014
Format: HardcoverVerified Purchase
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30 November 2017
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15 December 2017
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