Money, exchange, and banking in their practical, theoretical and legal aspects a complete manual for bank officals, business men, and students of commerce by H. T. Easton

Cover of: Money, exchange, and banking in their practical, theoretical and legal aspects | H. T. Easton

Published by Sir I. Pitman and sons, ltd. in London .

Written in English

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Subjects:

  • Banks and banking.,
  • Money.,
  • Foreign exchange.,
  • Banking law.,
  • Banks and banking -- Dictionaries.

Edition Notes

Glossary: p. 255-305.

Book details

Statementby H.T. Easton ...
GenreDictionaries.
Classifications
LC ClassificationsHG173 .E2
The Physical Object
Pagination312 p. incl. forms.
Number of Pages312
ID Numbers
Open LibraryOL6990907M
LC Control Number07037956
OCLC/WorldCa8780800

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[H T Easton]. Full text of "Money, exhange, and banking in their practical, theoretical, and legal aspects" See other formats. Economics Blogs. The book covers both theoretical and practical aspects of banking. The book is also helpful for JAIIB candidates.

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Samuelson also supports the fractional reserve theory of banking and holds that a bank needs to gather the funds first, before it can extend bank loans.

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The most common way to disguise loans—and the way in which banking began in Italy and grew to be a major business—was through money exchange.

The wide variety of currencies made monetary exchange necessary but difficult, which led to certain merchants specializing in the field.

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