
A Primer on Money, Banking, and Gold
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Narrated by:
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Sean Pratt
With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial system - its strengths as well as its weaknesses. A Primer on Money, Banking, and Gold takes you back to the beginning and sorts out all the pieces.
Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy. This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.
©2008 Peter L. Bernstein (P)2009 Gildan Media CorpListeners also enjoyed...




















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Great content, poor narration
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Good book but not suitable for audio audience
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Fine snapshot of a moment in financial history
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More than once while driving, I had to turn the book off to avoid falling asleep -- seriously (and my graduate work is in economics)
Please don't waste your time
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I did not read the book itself. But it is totally waste of time to listen to this audio version. It sometimes spends more than ten minutes talking about some common-sense things. Most of time, the discussion of a topic is so brief that you do not understand the rational behind it. After spending one hour listening to it, I asked myself, "what have I learned from it?" The answer is "nothing".Do not the audio-version of this book
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Too old
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