A Primer on Money, Banking, and Gold

Synopsis of A Primer on Money, Banking, and Gold

«A Primer on Money, Banking, and Gold» is the economics and finance essay by Peter L. Bernstein, published by Wiley in paperback (272 pages, in English).

Peter L. Bernstein explains the fundamentals of the financial system: how and why commercial banks lend and invest, where money comes from and how it circulates, and the central role of interest rates. He also analyzes the Federal Reserve System and the consequences of its decisions, along with a perspective on gold and the dollar in the world economy.

Part of the Peter L. Bernstein's Finance Classics collection and includes a foreword by Paul A. Volcker and a new introduction by Peter L. Bernstein.

For readers interested in economics, banking and monetary policy who want to understand the fundamentals of the financial system.