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The Mystery of Banking

The Mystery of Banking

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Published by Jayant Sharma

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Categories:Types, Business/Law
Published by: Jayant Sharma on Jul 09, 2011
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07/09/2011

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The Mystery of Banking Murray N. Rothbard1
The Mystery of Banking
Murray N. Rothbard
Richardson & Snyder1983First EditionThe Mystery of Banking©1983by Murray N. RothbardLibrary of Congressin publication Data:1. Rothbard, Murray N.2. Banking 16th Century-20th Century
 
3. Development of Modern Banking4. Types of Banks, by Function, Bank Fraud and Pitfalls of Banking Systems5. Money Supply. Inflation
 
The Mystery of Banking Murray N. Rothbard2
Contents
Chapter
I
Money: Its Importance and Origins 1
1. The Importance of Money 12. How Money Begins 33. The Proper Qualifies of Money 64. The Money Unit 9
Chapter
II
What Determines Prices: Supply and Demand 15Chapter
III
Money and Overall Prices 29
1. The Supply and Demand for Money and Overall Prices 292. Why Overall Prices Change 36
Chapter
IV
The Supply of Money 43
1. What Should the Supply of Money Be? 442. The Supply of Gold and the Counterfeiting Process 473. Government Paper Money 514. The Origins of Government Paper ,Money 55
Chapter
V
The Demand for Money 59
1. The Supply of Goods and Services 592. Frequency of Payment 603. Clearing Systems 634. Confidence in the Money 655. Inflationary or Deflationary Expectations 66
Chapter
VI
Loan Banking 77Chapter
VII
Deposit Banking 87
1. Warehouse Receipts 872. Deposit Banking and Embezzlement 91
 
The Mystery of Banking Murray N. Rothbard33. Fractional Reserve Banking 954. Bank Notes and Deposits 103
Chapter
VIII
Free Banking and The Limits on Bank Credit Inflation 111Chapter
X
Central Banking: Determining Total Reserves 143
1. The Demand for Cash 1432. The Demand for Gold 1493. Loans to the Banks 1504. Open Market Operations 154
Chapter
XI
Central Banking: The Process of Bank Credit Expansion 163
1. Expansion from Bank to Bank 1632. The Central Bank and the Treasury 171
Chapter
XII
The Origins of Central Banking 179
1. The Bank of England 1792. Free Banking in Scotland 1853. The Peelite Crackdown, 1844-1845 187
Chapter
XIII
Central Banking in the United States The Origins 193
1. The Bank of North America and the First Bank of the United States 1932. The Second Bank of the United States 199
Chapter
IX
Central Banking: Removing the Limits 127Chapter
XIV
Central Banking in the United States
 
The 1820's to the Civil War
1. The Jacksonian Movement and the Bank War 2092. Decentralized Banking from the 1830's to the Civil War 215
Chapter
XV
Central Banking in the United States
 
The National Banking System 221
1. The Civil War and the National Banking System 2212. The National Banking Era and the Origins of the Federal Reserve System 230

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