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" The Rise of the Money Market: "


Document Type : Latin Dissertation
Language of Document : English
Record Number : 1113551
Doc. No : TLpq2316847467
Main Entry : Fink, Pierre-Christian
: Whitford, Josh
Title & Author : The Rise of the Money Market:\ Fink, Pierre-ChristianWhitford, Josh
College : Columbia University
Date : 2020
student score : 2020
Degree : Ph.D.
Page No : 196
Abstract : This dissertation traces the commodification of money in the U.S. after World War II. In 1945, all money was issued either directly by the government or, under conditions determined by the government, by commercial banks. Today, forms of money that are issued by private firms without government backing make up the majority of all money claims, and a significant part of the U.S. payment system is operated by a private organization. These forms of money were essentially in existence by 1980; hence this dissertation focuses on their emergence between the late 1940s and the late 1970s.
Subject : Banks
: Central bank
: Finance
: Money
: Money market
: New York
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