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The Monetary System : Analysis and New Approaches to Regulation.

A groundbreaking work that paves the way for a new, pro-active financial system With The Monetary System, innovative author pairing Jean-Francois Serval and Jean-Pascal Tranie devise a comprehensive economic modeling system that accounts for the unprecedented situation facing international and regio...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Serval, Jean-François
Otros Autores: Tranié, Jean-Pascal
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : Wiley, 2014.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • The Monetary System; Table of Contents; List of Figures; List of Tables; Acknowledgements; Foreword And Introduction; Chapter 1 From Antiquity to Modern Times; Monetary Development Over 5000 Years. What History Explains and Comparison within New Contexts; The Origin of Money; From Antiquity to Modern Times; A Metallic System Allowing Intrinsic Measurement Stamping: Ingots to Coinage; Grounding the Guarantees of Stamping: From an All-Metallic System to Paper Bills; The Rise and Fall of Civilizations; What Can We Learn from Ancient and More Modern History?; Questions and Answers.
  • Chapter 2 Modern Times
  • Liberation and Growth of the Money Supply. The Facts Presented in Monetary Units and Resulting Regulatory NeedsMonetary Evolution Backed by Economic Growth; Development of a Global Financial Market Economy; Citizens Emerging in the Process of Financialization; The Realities; Causes Underlying Emerging Macroeconomic Realities; Resulting Needs for Standardization, Regulation and Supervision; Questions and Answers; Chapter 3 Past and 21st-Century Money Analysis; Defining "Today's Money"; Money Defined by its Functionality.
  • The First Function: Price Setting
  • Money as a Measurement Standard-Based Source of InformationThe Second Function: A Payment and Trading Instrument; The Third Function: A Reserve; Links between Monetary Functions; The Intrinsic Definition of Money; A Trifunctional Monetary Support System; How To Ground Trust In Money: Audited Financial Statements For Government and Central Banks; Seignorage and the Privilege of Issuing and Stamping Money; Traditional Seignorage in General; The Modern Seignorage Privilege; Legal Tender and Seignorage.
  • Evolution of Money into a Segregated Intermediation Tool with Imprecise FrontiersLinguistic Definition of the Word "Money"; Money Today; The Demise of Traditional Conceptual Approaches; The Operational Scope of Money and its Use; The Extension of Money with Disintermediation; Direct Financing and Hedging of Risk; Replacement of Bank Loan Financing by Securitization and the Impact of Pro-cyclical Effects; The Origin of Securitization; The Securitization Concept and Its Implementation.
  • Securitization Financing via Trust-Derived "Shadow Capital" Originating from Retirement Accounts, Direct Savings and Trade DeficitsGuarantees on Receivables: A Securitization Multiplier; Extending the Field of Debts and Guarantees; Deviations from Effective Risk Control: The CDS Case; Towards the Full Liberation of Money from Any Referential; Guarantees and the Extension of Monetary Instruments Liberated from Unified Backing and Issuance Constraints; Monetary Effects of Guarantees; Shadow or Parallel Banking Systems.
  • Before Accounting for Any Transaction
  • The Sampling Topic. The Mix Up between Numbers and Formulae.