Central Banking

The book brings to light the lives of India’s commercial and central bankers. But it does not discuss their successes, failures or the ever-evolving dynamics of monetary and fiscal policies. It’s about their persona, warts and all—how they are as leaders, how they evolved and how they changed the culture and ethos of the Indian banking sector.

For over a decade now, the American economy has been on a rollercoaster - an economic boom between 2003 and 2008, followed by a severe economic downturn, and with a historically slow and weak recovery from 2009 until the present. The recession of 2008-2009 had its origin in years of monetary mismanagement by the Federal Reserve System and misguided economic policies emanating from Washington, DC.

In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Packed with tantalizing details about the elite players orchestrating the world economy, Collusion takes the listener inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance.

With their eyes wide open, central banks, in their fight against the consequences of the global financial crisis and debt crisis, have fallen into the zero interest rate trap. While the euro area is deeply stuck in this quagmire, the US has only recently executed a monetary policy U-turn and is now sliding ineluctably into the same trap. The Zero Interest Trap discusses questions such as, are there any paths at all by which politicians, investors, and society can get out of the zero interest rate trap unscathed?

El 1 de noviembre de 2008, Satoshi Nakamoto anunció que estaba trabajando en un nuevo sistema de dinero que no precisaba de un tercero de confianza. Se trataba del sistema Bitcoin, una red de pago con su propia moneda autóctona que utilizaba un sofisticado método para que los miembros pudieran verificar todas las transacciones sin tener que confiar en ningún componente de la red. Bitcoin automatiza las funciones de un moderno banco central, y las convierte en predecibles y prácticamente inmutables mediante la programación de un código descentralizado entre miles de miembros de la red.

In this book, Patrick Bolton and Haizhou Huang offer a novel perspective, viewing monetary economics through the lens of corporate finance. They propose a richer theory, where money can be seen as the equity capital of a nation, playing a similar role as stocks for a company. This innovative framework integrates the real and monetary sides of the economy, with a banking sector and debt at its core.

Debates over paper money and banking are older than the United States of America itself. Eighteenth and 19th century Americans were deeply ambivalent about paper money and central banks, and political fights over these issues were among the bitterest in American history. In fact, controversies over the country’s central bank birthed both the first (1792-1824) and second (1828-1852) party systems. Frequently, policymakers crafted responses to the crisis at hand, and as a result, they implemented policies that were inadequate to the challenges the country faced in the future.

"The Secret Makers: Unveiling the Truth behind the Federal Reserve" is a captivating exploration of the hidden history and motives behind the creation of the Federal Reserve. This book delves into the men who were instrumental in its establishment and aims to uncover their true intentions. It raises thought-provoking questions about the power dynamics between the American people and the government before the Federal Reserve, including the extent of their influence and veto power. Furthermore, it investigates the subsequent loss of power that occurred after its formation. The book also sheds...

What is investment banking? How do investment bankers generate profit for their clients? What is the function of each specialty? How has the industry changed in the past decade? Investment Banking Explained answers these questions - and offers a complete overview of this complex industry. In easy-to-understand language, Investment Banking Explained provides everything you need to identify structures, strategies, and operational aspects of investment banking, and it offers thorough examinations of the operations of the world's most successful firms.

Centrale banken zoals de Fed in de V.S. of de Europese Centrale Bank (ECB) zijn sinds de kredietcrisis van 2007-2008 niet weg te slaan van de voorpagina’s van de kranten. Zij hebben in 2008 de wereldeconomie van een diepe depressie gered en zijn tot op de dag van vandaag de instellingen die de economieën en financiële markten overeind houden. Kortom, ze zijn zeer belangrijk. Ze zijn echter ook black boxes: heel weinig mensen weten wat die instellingen doen, waarom ze doen wat ze doen en hóe ze doen wat ze doen.