搜寻 发表于 2025-3-26 21:36:01

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GREEN 发表于 2025-3-27 02:24:30

Does Bank Regulation Produce Stability? Lessons from the United States, even when very large banks fail. The role of the Federal Reserve in preventing systemic collapse is then analysed and found wanting. Payments system risk also is considered; regulations that restrict branching have given the Fed a monopoly over nationwide check clearance, which has exacerbated the risk.

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查看完整版本: Titlebook: Unregulated Banking; Chaos or Order? Forrest Capie (Professor of Economic History and H Book 1991 Forrest Capie and Geoffrey E. Wood 1991 b