George Selgin
More books by George Selgin…
“Moreover, stable prices foster saving and capital formation, because when the risk of erosion of asset values resulting from inflation—and the need to guard against such losses—are minimized, households are encouraged to save more and businesses are encouraged to invest more. (Board of Governors of the Federal Reserve System 2009)”
― Money: Free and Unfree
― Money: Free and Unfree
“Although I believe, like Bagehot, that central banks are inherently destabilising, that doesn’t mean that you cannot have financial and economic instability without a central bank. Decentralised monetary systems, if poorly regulated, can also be unstable;”
― Financial Stability without Central Banks
― Financial Stability without Central Banks
Topics Mentioning This Author
topics | posts | views | last activity | |
---|---|---|---|---|
The History Book ...: DOUGLASS' 50 BOOKS READ IN 2020 | 59 | 274 | Dec 04, 2022 03:40AM |
Is this you? Let us know. If not, help out and invite George to Goodreads.