First published in 1951, The British Banking Mechanism seeks to enable the reader to obtain a real understanding of the British financial system as it operated back in the 1950s.The book shows how the traditional concept of the Bank of England as the supreme monetary authority controlling the volume of credit has to be modified now that the government, instead of private industry, is the chief borrower from the banking system. This book is of historical importance for scholars and students of banking history, British banking and British economics.
- 204 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
The British Banking Mechanism
Table of contents
- Cover Page
- Half Title page
- Title Page
- Copyright Page
- Original Title Page
- Original Copyright Page
- Contents
- Foreword
- I Some Fundamentals of Deposit Banking
- II The Pyramid of Credit
- III The Basis Of Credit
- IV Some Fundamentals Of Central Banking
- V Bills and the Bill Market
- VI Phases in Discount Market Evolution
- VII ‘Tap’ and ‘Tender’
- VIII The Liquidity of Banking Assets
- IX The Pre-War Assets Structure
- X The Technique of Insulation
- XI The Note Issue since 1939
- XII Bank Rate and Its Workings
- XIII The Beginnings of Cheap Money
- XIV Deficit Finance
- XV Ultra-Cheap Money
- XVI The Return of Bank Rate
- XVII Postscript: From Crisis to Crisis
- Appendix
- Index
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn how to download books offline
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.5M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1.5 million books across 990+ topics, we’ve got you covered! Learn about our mission
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more about Read Aloud
Yes! You can use the Perlego app on both iOS and Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Yes, you can access The British Banking Mechanism by W. Manning Dacey in PDF and/or ePUB format, as well as other popular books in Economics & Finance. We have over 1.5 million books available in our catalogue for you to explore.