{"product_id":"triumph-of-the-bankers","title":"Triumph of the Bankers","description":"\u003cp\u003eIn this sure-to-be-controversial history of money and banking, Hixson examines the historical and resulting present-day deficiencies of the U.S. monetary and banking system. His study reveals that in a whole series of historical cases over the eighteenth and nineteenth centuries faulty economic principles were applied to the developing system. His bold conclusions include suggestions that: commercial banks should be required to maintain 100 percent reserves on all demand-deposit accounts and thus be denied the present privilege of creating credit-money; and the federal government should be the sole creator of money in the economy. As in his previous book, Hixson challenges generally accepted historical and economic wisdom, making this a significant contribution to the literature.\u003c\/p\u003e","brand":"Bloomsbury Publishing Plc","offers":[{"title":"Default Product","offer_id":54218763207000,"sku":"9780275946074","price":72.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780275946074__67c1e676bd443_ae0c5939-c61f-4bef-b3dd-7133fe29ba55.jpg?v=1741157790","url":"https:\/\/agendabookshop.com\/products\/triumph-of-the-bankers","provider":"Agenda Bookshop","version":"1.0","type":"link"}