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This classic text offers an in-depth analysis of the workings of the money market, with a focus on Lombard Street in London. The author delves into the role of banks and other financial institutions, and explains the complex mechanisms that govern the flow of money in the economy. Written with clarity and insight, this book remains essential reading for anyone interested in economics and finance.
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Lombard Street, A Description of the Money Market, Walter Bagehot
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- 2023
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