Non è necessario possedere un dispositivo Kindle. Scarica una delle app Kindle gratuite per iniziare a leggere i libri Kindle sul tuo smartphone, tablet e computer.

  • Apple
  • Android
  • Windows Phone
  • Android

Per scaricare una app gratuita, inserisci il numero di cellulare.

Prezzo Kindle: EUR 7,28

Risparmia EUR 2,50 (26%)

include IVA (dove applicabile)

Queste promozioni verranno applicate al seguente articolo:

Alcune promozioni sono cumulabili; altre non possono essere unite con ulteriori promozioni. Per maggiori dettagli, vai ai Termini & Condizioni delle specifiche promozioni.

Invia a Kindle o a un altro dispositivo

Invia a Kindle o a un altro dispositivo

Liquid Money - The Final Thing. Federal Reserve and Central Bank Accounts for Everyone (English Edition) di [Schemmann, Michael]
Annuncio applicazione Kindle

Liquid Money - The Final Thing. Federal Reserve and Central Bank Accounts for Everyone (English Edition) Formato Kindle


Visualizza tutti i 2 formati e le edizioni Nascondi altri formati ed edizioni
Prezzo Amazon
Nuovo a partire da Usato da
Formato Kindle
EUR 7,28

Lunghezza: 140 pagine Word Wise: Abilitato Miglioramenti tipografici: Abilitato
Scorri Pagina: Abilitato Lingua: Inglese

Novità in Kindle Unlimited
Scopri i 170 titoli appena aggiunti alla selezione di Kindle Unlimited: gialli e thriller, romanzi rosa, fantascienza, horror e fantasy e altro. Ora puoi accedere ad alcuni titoli di autori come Linda Castillo, Brandon Anderson, John Connolly, James Dashner, Colleen Hoover, Tim Weaver, Philip K. Dick, Susan Elizabeth Philips, Tom Wood e molto altro. Scopri le novità qui.

Descrizione prodotto

Sinossi

We have been bailing out banks by the tens of trillions of dollars, pounds and euros. The privilege of banking with the banks has always been a burden. We must all be allowed to maintain an account at the Federal Reserve or our national Central Bank, just like the banks do.

We are bailing out the banks with taxpayer or central bank money in order to recapitalize them. This is wrong and based on an economist’s misconception of accounting and banking. Banks’ activities take place on their liabilities’ side; liquid assets are needed to keep the depositors safe, not capital which is on the wrong side of the balance sheet. Misconceptions by economists who are not bankers abound, in particular at the Basel Committee for Banking Supervision.

To bail out the depositor is so simple that the mind is repelled: Allow everyone to maintain a deposit account at the Federal Reserve or Central Bank! The private commercial banks will cease to create quasi money, and everything else will fall into place as it should in the capitalized private sector. No need for the taxpayers’ money or complex regulations.

According to my practical experience as a banker, and my thought experiments as an academic person, the solution to the present financial crises is “so simple that the mind is repelled,” using Galbraith’s words characterizing the process by which bankers create money.

“Anyone shall be allowed to open and maintain an (internet) bank deposit account at the nation’s note-issuing central bank. No frills, no overdrafts, no credit cards, only a simple debit card that works at any ATM around the world to make payments and to withdraw that legal tender, at a reasonable fee, of course.”

There are no technical challenges in this electronic age to open 800 million bank accounts in the United States, Canada, and throughout the European Union, rather enormous benefits of laissez-faire in that all of the rest of the banking problems that plague us today will look after themselves. The benefits are

1.public immunity to private bank insolvencies,
2.redundancy of deposit insurance,
3.avoidance of ring-fencing of retail banking from investment banking (redundant as deposits of the general public are completely safe and redeemable on demand at the central bank either in cash or by transfer, ie payment),
4.no need for capital adequacy requirements (the capital misconception),
5.avoidance of loss of value of money through the arbitrary increase of the private banks’ quasi money supply resulting economic booms and busts, and
6.redundancy of the sheer volumes of regulatory detail,

while the losses, if any — and why should there be any losses as no one has done anything wrong by not having a central bank account — can be left safely where they have fallen.

Dettagli prodotto

  • Formato: Formato Kindle
  • Dimensioni file: 2072 KB
  • Lunghezza stampa: 140
  • Editore: IICPA Publications; Digital edizione (26 luglio 2012)
  • Venduto da: Amazon Media EU S.à r.l.
  • Lingua: Inglese
  • ASIN: B008PULATW
  • Da testo a voce: Abilitato
  • X-Ray:
  • Word Wise: Abilitato
  • Screen Reader: Supportato
  • Miglioramenti tipografici: Abilitato
  • Media recensioni: Recensisci per primo questo articolo
  • Hai trovato questo prodotto a un prezzo più basso?


Recensioni clienti

Non sono ancora presenti recensioni clienti.
Condividi i tuoi pensieri con altri clienti

Le recensioni clienti più utili su Amazon.com

Amazon.com: 5,0 su 5 stelle 1 recensioni
Una persona l'ha trovato utile.
5,0 su 5 stellethey both want you to hate the only organization that is big enough to stop ...
il 8 agosto 2015 - Pubblicato su Amazon.com
Acquisto verificato
click to open popover

Dove è il mio ordine?

Spedizioni e resi

Hai bisogno di aiuto?