Foreword 1. Some Fundamentals of Deposit Banking 2. The Pyramid of Credit 3. The Basis of Credit 4. Some Fundamentals of Central Banking 5. Bills and the Bill Market 6. Phases in Discount Market Evolution 7. ‘Tap’ and ‘Tender’ 8. The Liquidity of Banking Assets 9. The Pre-War Assets Structure 10. The Technique of Insulation 11. The Note Issue Since 1939 12. Bank Rate and its Workings 13. The Beginnings of Cheap Money 14. Deficit Finance 15. Ultra-Cheap Money 16. The Return of Bank Rate 17. Postscript: From Crisis to Crisis Appendix Index
Biography
W. Manning Dacey, Late Honorary Fellow of the London School of Economics, Economic Advisor, Lloyds Bank.
Reviews of the original publication-
“A valuable addition to the literature of banking.”—Economist
“It has all the merits of true and lucid scholarship.”—Bankers’ Magazine
“For students of banking the volume can be confidently recommended as an addition to their technical library”. --Financial World
