A Primer on Money Banking and Gold

A Primer on Money Banking and Gold

In many ways, Bernstein39s quotA Primer on Money, Banking,quot quotand Goldquot can be seen as one long preface to his bestselling quotThe Power of Gold,quot In quotA Primer on Money, Banking, and Gold,quot Bernstein writes quotWhat has gold to do with money anyway Where did Americans find enough money to write checks adding up to nearly four quottrillionquot dollars during 1963 Did the Government print it allquot Here, he discusses the link that still exists between our money and gold and why. He also goes into detail about banking both the history and business of banking and the role the Federal Reserve plays in regulating the supply of money. He includes two quotcase studiesquot at the end, one detailing the financial playing field between 1938 and 1945 and the other detailing the economy after the war.

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From Woolworths.

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