Money, credit and banking /

Pagoso, Cristobal M.

Money, credit and banking / Cristobal M. Pagoso - Manila, Philippines : Rex Book Store, c2010 - viii, 263 pages : illustrations ; 23 cm.

CHAPTER 1. Introduction -- 2. The Role and Uses of Money -- 3. Monetary Theories -- 4. Money and Monetary Policy -- 5. Money and Inflamation -- 6. An Introduction To Investment -- 7. Stocks and Bonds -- 8. The Credit System -- 9. Classes and Kinds of Credit -- 10. Credit Management -- 11. The Philippine Financial System -- 12. Bangko Sentral ng Pilipinas -- 13. Commercial Banking -- 14. Thrift and Rural Banks

Present-day banking and finance is more complicated. Banks and securities firms better recklessly in the housing boom and suffered epic losses. Collateralize debt obligations and Poison-style pyramid schemes led to the collapse of banks and financial institutions using these schemes. This book, Money, Credit and Banking intends to present these concepts in a simple, straightforward and interesting manner. Hopefully, it could help prevent the abuses and excesses that led to the financial meltdown from 2008 to 2009.

9789712354885


BANKS AND BANKING

HG 221 .P34 2010

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