The Mystery of Banking

Document Outline

• Title page
• Contents
• Preface
• Foreword
• Chapter I. Money: Its Importance and Origins
  • 1.The Importance of Money
  • 2.How Money Begins
  • 3.The Proper Qualities of Money
  • 4.The Money Unit
• Chapter II. What Determines Prices: Supply and Demand
• Chapter III. Money and Overall Prices
  • 1. The Supply and Demand for Money and Overall Prices
  • 2.Why Overall Prices Change
• Chapter IV. The Supply of Money
  • 1.What Should The Supply of Money Be?
  • 2.The Supply of Gold and the Counterfeiting Process
  • 3.Government Paper Money
  • 4.The Origins of Government Paper Money
• Chapter V. The Demand for Money
  • 1.The Supply of Goods and Services
  • 2.Frequency of Payment
  • 3. Cleaning Systems
  • 4.Confidence in the Money
  • 5.Inflationary or Deflationary: Expectations
• Chapter VI. Loan Banking
• Chapter VII. Deposit Banking
  • 1.Warehouse Receipts
  • 2.Deposit Banking and Embezzlement
  • 3.Fractional Reserve Banking
• Chapter VIII. Free Banking and the Limits on Bank Credit Inflation
• Chapter IX. Central Banking: Removing the Limits
• Chapter X. Central Banking: Determining Total Reserves
  • 1.The Demand for Cash
  • 2.The Demand for Gold
  • 3.Loans to the Banks
  • 4.Open Market Operations
• Chapter XI. Central Banking: The Process of Bank Credit Expansion
  • 1.Expansion from Bank to Bank
  • 2.The Central Bank and the Treasury
• Chapter XII. The Origins of Central Banking
  • 1.The Bank of England
  • 2.Free Banking in Scotland
  • 3.The Peelite Crackdown
• Chapter XIII. Central Banking in the United States I: The Origins
• 1.The Bank of North America and the First Bank of the United States
• 2.The Second Bank of the United States
• Chapter XIV. Central Banking in the United States II: The 1820s to the Civil War
  • 1.The Jacksonian Movement
  • 2.Decentralized Banking from the 1830s to the Civil War
• Chapter XV. Central Banking in the United States III: The National Banking System
  • 1.The Civil War and the National Banking System
  • 2.The National Banking Era and the Origins of the Federal Reserve System
• Chapter XVI. Central Banking in the United States IV: The Federal Reserve System
  • 1.The Inflationary Structure of the Fed
  • 2.The Inflationary Policies of the Fed
• Chapter XVII. Conclusion: The Present Banking Situation and What To Do About It
  • 1.The Road to the Present
  • 2.The Present Money Supply
  • 3.How to Return to Sound Money
• Appendix
• Index