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The Mystery of
Banking (Large Print Edition) |
PRODUCT
DETAILS: Author: Murray
Rothbard Language: English Publisher: CreateSpace Independent Publishing
Platform Publication Date: 1 Jan 2010 Dimensions: 27.4 x 21.4 x 2.6 cm Format:
Paperback Pages: 320 Condition: NEW Product_ID: 147916C171
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LARGE PRINT EDITION! More at
LargePrintLiberty.com. Talk about great timing.
Rothbard's extraordinary book unravels the mystery of
banking: what is legitimate enterprise and what is a
government-backed shell game that can't last. His
explanation is clear enough for anyone to follow and yet
precise and rigorous enough to be the best textbook for
college classes on the topic. This is because its
expositional clarity--in its history and theory--is
essentially unrivaled. Most notably, he uses the
T-account method of explaining the relationship between
deposits and loans, showing the inherent instability of
fractional-reserve banking and how it sets the stage for
centralization, inflation, and the boom-bust cycle. But
there is more. This book provides an explanation of
money's origins and its meaning in the free market. The
abstract theory is here, but always with real
application to history and modern banking practice.
Never does a paragraph go by without an example drawn
from his massive knowledge of the subject.
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Książki
wysyłamy w ciągu 5-7 dni roboczych.
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