Money and the Financial System : Banks, Credit, Interest Rates, Inflation, Debt, Crises, and Monetary Policy

Published by Hermes Socraticus

9798182820783

  • Softcover
  • New
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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

Condition: New

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Item description from seller

nach der Bestellung gedruckt Neuware - Printed after ordering - Money is involved in almost every economic decision, yet the mechanisms that sustain its operation often remain hidden from everyday view. This book explains how money works, why it is accepted, how its value is maintained, and how trust, governments, and institutions shape economic relationships.By examining banks, deposits, lending, and money creation, the book shows how the banking system expands credit, how new means of payment emerge, and why concepts such as liquidity, solvency, risk, and leverage are essential to understanding the financial system. It also clarifies the differences between nominal and real interest rates, financing, private debt, and public debt.The discussion of inflation, purchasing power, and expectations explains why prices rise and how credit, wages, exchange rates, supply shocks, and economic policy can influence this process. The role of central banks and monetary policy is examined in connection with interest rates, employment, investment, economic activity, financial stability, and crises.The book also explores capital markets, systemic risk, exchange rates, international currencies, and the transformation of payment systems. Written in accessible language and offering an integrated perspective, it provides a broad understanding of the institutions, mechanisms, and relationships that support money and the modern financial system, making economics and finance understandable without requiring specialized training.…

Seller Inventory # 9798182820783

Title
Money and the Financial System : Banks, Credit, Interest Rates, Inflation, Debt, Crises, and Monetary Policy
Author
Alex Sandoval
Publisher
Hermes Socraticus
Condition
Neu
Binding
Taschenbuch
ISBN 13
9798182820783
Item weight
486 grams
Dimensions
230x160x17 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
First itemUS$ 39.21US$ 50.41
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Einbeck, Germany 37574