Where Did All The Money Go?
Rise of the Shadow Banking System
Chapter 7: Rise of the Shadow Banking System
and the following chapter examine how our financial system changed in the
wake of the revival of the
failed nineteenth century ideology of
Free-Market Capitalism that began among policy makers in the 1970s.
The nature of various kinds of financial
instruments is explained in this chapter along with the way in which
collateralization led to the rise of the shadow banking system.
Where Did All the Money Go? How Lower Taxes, Less
Government, and Deregulation Redistribute Income and Create Economic Instability
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