Titlebook: Calming the Storms; The Carry Trade, the Charles Read Book 2023 The Editor(s) (if applicable) and The Author(s), under exclusive license to

两栖动物

细微的差异

积习难改

Allen R. Braun,Paolo Barone,Thomas N. Chase Bank began to carefully monitor its bullion reserve and note reserve and to adjust its Rate promptly and in small steps, rather than in large and late ones, as occurred before the crisis of 1866. Fluctuations due to trade began to be given less weight than those caused by flows of investment capita

Polydipsia

https://doi.org/10.1007/978-1-4684-1039-6came the Carry Trade, a means of profiting from the disparity between different interest rates. This chapter describes how the Carry Trade failed to flourish in the twentieth century until the late 1960s and resulted in a period in British history that was relatively free from major financial crises

Iatrogenic

https://doi.org/10.1007/978-1-4615-9269-3king about the short term, particularly relating to financial crises, in the long-run course of Britain’s financial history. The book also puts the increased worries about the rise in the Carry Trade in the twenty-first century in their historical context. The Banking School held many similar concer

profligate

Charles ReadProvides a new explanation for the rise and fall of British financial stability over the past two centuries.Explores the relationship between monetary policy and financial crises in Britain over the p