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  • Central Bank Capitalism

    Monetary Policy in Times of Crisis

    Series series Currencies: New Thinking for Financial Times
    Today's global financial system bears little resemblance to what it was at the end of the twentieth century. Shadow banking—financial activity taking place outside existing regulatory frameworks—has grown so important that it now serves as the backbone of the entire system. The shadow banking system, however, is highly unstable and the main reason why the financial system has remained in crisis ... Read more

    $24.99 USD