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Lombardstreet. Der Weltmarkt des Geldes in den Londoner Bankhäusen.

Lombardstreet. Der Weltmarkt des Geldes in den Londoner Bankhäusen.

Paperback

AccountingInvesting & FinanceBritish History

ISBN10: 1273613732
ISBN13: 9781273613739
Publisher: Nabu Press
Published: Jan 28 2012
Pages: 192
Weight: 0.61
Height: 0.41 Width: 6.14 Depth: 9.21
Language: German

Lombardstreet. Der Weltmarkt des Geldes in den Londoner Bankhäusern, originally published in 1873, is Walter Bagehot's seminal work on the London money market. It offers a detailed analysis of the structure and operation of the London banking system, particularly Lombard Street, the center of financial activity. Bagehot explores the role of the Bank of England, the management of reserves, and the importance of maintaining stability in the financial system. This book provides a comprehensive overview of the 19th-century financial world and remains relevant for understanding modern monetary policy and banking practices. Bagehot's insights into the psychology of financial markets and the necessity of central bank intervention continue to resonate with economists and policymakers today.

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British History