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The End of Alchemy: Money, Banking, and the Future of the Global Economy
by Mervyn King
Oct. 22, 2016 - Oct. 29, 2016 (read/capitalism-etc)

King, M. (2016). The End of Alchemy: Money, Banking, and the Future of the Global Economy. W. W. Norton Company.


W. W. Norton Company, 2016. 430 pages. Hardcover. 9780393247022

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p.300
expropriation »
(noun) the action of the state in taking or modif…
p.261
Chicago Plan »
a set of banking reforms suggested by University …
p.325
debt did not descend like manna from the heavens
[...] debt was a consequence, not a cause of the …
p.315
mistakes in perceptions of wealth
[...] One is convinced that the market will rise;…
p.303
to restore firms' profits, prices will also rise
[...] If the government boosts spending to bring …
p.284
no unique role for something called money
[...] Someone buying a meal in a restaurant might…
p.258
the problems with risk-weighted capital ratios
[...] each type of asset is given a risk weight, …