000938734 000__ 02961cam\a2200433Ki\4500 000938734 001__ 938734 000938734 005__ 20230306151958.0 000938734 006__ m\\\\\o\\d\\\\\\\\ 000938734 007__ cr\cn\nnnunnun 000938734 008__ 200804s2020\\\\sz\\\\\\ob\\\\001\0\eng\d 000938734 020__ $$a9783030400415$$q(electronic book) 000938734 020__ $$a3030400417$$q(electronic book) 000938734 020__ $$z3030400409 000938734 020__ $$z9783030400408 000938734 0247_ $$a10.1007/978-3-030-40041-5$$2doi 000938734 035__ $$aSP(OCoLC)on1181843331 000938734 035__ $$aSP(OCoLC)1181843331 000938734 040__ $$aYDX$$beng$$erda$$cYDX$$dYDXIT$$dGW5XE 000938734 049__ $$aISEA 000938734 050_4 $$aHG1811$$b.D43 2020 000938734 08204 $$a332.11$$223 000938734 1001_ $$aBeaufort Wijnholds, J. A. H. de,$$eauthor. 000938734 24514 $$aThe money masters :$$bthe progress and power of central banks /$$cOnno de Beaufort Wijnholds. 000938734 264_1 $$aCham, Switzerland :$$bPalgrave Macmillan,$$c[2020] 000938734 300__ $$a1 online resource 000938734 336__ $$atext$$btxt$$2rdacontent 000938734 337__ $$acomputer$$bc$$2rdamedia 000938734 338__ $$aonline resource$$bcr$$2rdacarrier 000938734 504__ $$aIncludes bibliographical references and indexes. 000938734 506__ $$aAccess limited to authorized users. 000938734 520__ $$aCentral banks are major players in today's economic and financial policy making. While respected for their technical acumen and their pivotal role in defusing the global financial crisis, they are at the same time mistrusted by others and considered to be too powerful. In order to contribute to a better understanding of the why, what and how of central banking, this book traces the progress of central banks from modest beginnings, including financing wars, to the powerful institutions they have become. It describes the evolution of the Bank of England to a fully-fledged central bank, the very different route taken by the Federal Reserve and, much later, by the European Central Bank. The gold standard, floating exchange rates, and the battle against inflation are covered in depth, alongside a review of modern monetary policy and central banks role in maintaining financial stability. Throughout the book, the ups and downs of central banks relationship vis-a-vis their governments are a recurring theme, even surmising that reigning in the independence of central banks risks inflicting serious damage to economic and financial stability. Uncovering the challenges that the money masters may face in an uncertain future, this book will be of interest to academics, researchers and practitioners in central banking, finance, and economics at large. 000938734 588__ $$aDescription based on online resource; title from digital title page (viewed on August 24, 2020). 000938734 650_0 $$aBanks and banking, Central. 000938734 650_0 $$aBanks and banking, Central$$xHistory. 000938734 77608 $$iPrint version: $$z3030400409$$z9783030400408$$w(OCoLC)1134443243 000938734 852__ $$bebk 000938734 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-030-40041-5$$zOnline Access$$91397441.1 000938734 909CO $$ooai:library.usi.edu:938734$$pGLOBAL_SET 000938734 980__ $$aEBOOK 000938734 980__ $$aBIB 000938734 982__ $$aEbook 000938734 983__ $$aOnline 000938734 994__ $$a92$$bISE