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About The Book
Description
Author
Every banking crisis whatever its particular circumstances has two features in common with every previous one. Each has been preceded by a period of excessive monetary ease and by ill thought out regulatory changes. For many the recent hiatus in inter-bank lending has been seen as a blip - enormous in size and global in scope but nonetheless a blip. Finance at the Threshold offers a unique perspective from an English economic and monetary historian. In it the author asks: Why did the banks stop