The New Lombard Street : : How the Fed Became the Dealer of Last Resort / / Perry Mehrling.
Walter Bagehot's Lombard Street, published in 1873 in the wake of a devastating London bank collapse, explained in clear and straightforward terms why central banks must serve as the lender of last resort to ensure liquidity in a faltering credit system. Bagehot's book set down the princip...
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| Superior document: | Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 |
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| Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2010] ©2011 |
| Year of Publication: | 2010 |
| Language: | English |
| Online Access: | |
| Physical Description: | 1 online resource (192 p.) |
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