Money And Banking

""Money and Banking: An Introduction to the Study of Modern Currencies"" is a comprehensive book written by William Amasa Scott and published in 1903. The book provides an in-depth analysis of the concepts of money and banking, their history, and their role in the modern economy. The author begins by tracing the evolution of money from the barter system to the modern currency system. He then discusses the functions of money, the different types of money, and the factors that affect its value. The book also covers the history of banking, the different types of banks, and their functions. The author explains the role of central banks in modern economies and their impact on monetary policy. In addition, the book covers the different types of financial instruments, such as stocks, bonds, and derivatives, and their role in the financial system. The author also discusses the impact of international trade on currencies and the role of exchange rates in the global economy. Overall, ""Money and Banking: An Introduction to the Study of Modern Currencies"" is a comprehensive guide to the history, concepts, and functions of money and banking. It is a valuable resource for students, academics, and anyone interested in understanding the modern financial system.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.