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    A Primer on Money, Banking, and Gold
    A Primer on Money, Banking, and Gold
    A Primer on Money, Banking, and Gold
    Audiobook5 hours

    A Primer on Money, Banking, and Gold

    Written by Peter L. Bernstein

    Narrated by Sean Pratt

    4.5/5

    ()

    About this audiobook

    One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity-which have forewords by financial luminaries and new introductions by the author-you can enjoy some of the best of Bernstein in his earlier Wall Street days.
    With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial system-its strengths as well as its weaknesses. A Primer on Money, Banking, and Gold takes you back to the beginning and sorts out all the pieces.

    Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy.

    This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.
    LanguageEnglish
    PublisherAscent Audio
    Release dateDec 17, 2008
    ISBN9781596593220
    A Primer on Money, Banking, and Gold

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    Reviews for A Primer on Money, Banking, and Gold

    4.5/5

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    • 5/5
      What a great audio book. Very precise about the interactions among bonds, Fed, inflation, the regulation of the national bank system and so on.
    • 4/5
      Great book about money and banking. Banking only works well when they are lend money well and that money produces value. Velocity is very important- Very simple read- Recommend to younger students as well- Very useful :D