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.