PETER BERNSTEIN – A PRIMER ON MONEY; BANKING & GOLD

Peter Bernstein has a unique ability to combine intellectual history and economics with the theory and practice of investment management. Now, with classic titles. A Primer on Money, Banking, and Gold, and The Price of Prosperity were written by an economist on Wall Street. Some of the best of Bernstein can be found in his earlier Wall Street days.

With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the basics of the financial system. Money, Banking, and Gold is a primer. It will take you back to the beginning to sort out the pieces.

Peter Bernstein addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the role of interest rates. He explores the consequences of the Fed’s actions on the economy. This book isn’t just about the past. Today’s decision makers need Bernstein’s novel perspective on gold and the dollar, as he provides extensive views on the future of money, banking, and gold in the world economy.

At a time when developments in finance are more important than ever, this illuminating story about the heart of our economic system is essential reading.

AUTHOR INFORMATION

The man is Peter L. BernSTEIN. He is the founder and President of Peter L. Bernstein, Inc. Portfolio strategy and economics. Consultants to institutional investors around the world. He is the author of ten books. Against the Gods is a story of risk. , The history of an obsession with gold. And Capital ideas are evolving. .

REVIEWS

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