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The book provides a detailed analysis of the central banking system in 19th-century England, focusing on its structure and operations. Bagehot examines the role of the Bank of England, exploring how it manages financial crises and influences the economy. Through his insights, he highlights the importance of liquidity and the need for a central authority in maintaining financial stability. This work is essential for understanding the foundations of modern banking and economic policy.
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Lombard Street, Walter Bagehot
- Lingua
- Pubblicato
- 2018
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