Liaquat Ahamed, Lords of Finance: The Bankers Who Broke the World
Liaquat Ahamed, Lords of Finance: The Bankers Who Broke the World.
pp.200-201, the origin of debt sustainability analysis;
p.231, "She is now suffering from that glut of Gold";
p.276, low i contributed to stock market bubble;
p.336, the origin of BIS;
p.357, "Because the big New York City banks held their reserves in the form of call loans to stockbrokers, a collapse in stocks inevitably raised concerns about the safety of one bank ...";
pp.338-339, Keynes, Treatise on Money;
p.365, "Most governors feared that "artificial" attempts to stimulate the economy by injecting liquidity into the banking system would not jump-start business activity, but just touch off another bout of speculation.";
p.381, this would be IMF not WB, but the question is why Norman came up with this idea;
p.489, Keynes, General Theory;
p.492, Harry Dexter White also happened to be a Soviet agent;
p.493, "Keynes also wanted to introduce a mechanism for disciplining countries that unfairly cheapened their currencies and accumulated excessive amounts of the world's reserves without recycling them, as France had done in the twenties and thirties."
Basic knowledge of intellectuals.
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