The British Banking Mechanism

1. Auflage 2026
ISBN: 978-1-032-97741-6
Verlag: Taylor & Francis Ltd (Sales)

Buch, Englisch, 204 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 245 g

Reihe: Routledge Revivals

First published in 1951, The British Banking Mechanism seeks to enable the reader to obtain a real understanding of the British financial system as it operated back in the 1950s.The book shows how the traditional concept of the Bank of England as the supreme monetary authority controlling the volume of credit has to be modified now that the government, instead of private industry, is the chief borrower from the banking system. This book is of historical importance for scholars and students of banking history, British banking and British economics.

Zielgruppe

Postgraduate

Autoren/Hrsg.

Dacey, W. Manning

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft

Inhaltsverzeichnis

Foreword 1. Some Fundamentals of Deposit Banking 2. The Pyramid of Credit 3. The Basis of Credit 4. Some Fundamentals of Central Banking 5. Bills and the Bill Market 6. Phases in Discount Market Evolution 7. ‘Tap’ and ‘Tender’ 8. The Liquidity of Banking Assets 9. The Pre-War Assets Structure 10. The Technique of Insulation 11. The Note Issue Since 1939 12. Bank Rate and its Workings 13. The Beginnings of Cheap Money 14. Deficit Finance 15. Ultra-Cheap Money 16. The Return of Bank Rate 17. Postscript: From Crisis to Crisis Appendix Index

Über Autor(innen)

W. Manning Dacey, Late Honorary Fellow of the London School of Economics, Economic Advisor, Lloyds Bank.