How Long to Read The future of banking (Flash Ensayo)

How Long Does it Take to Read The future of banking (Flash Ensayo)?

It takes the average reader and 31 minutes to read The future of banking (Flash Ensayo) by Miguel A. Fernández Ordóñez

Assuming a reading speed of 250 words per minute. Learn more

Description

A reflection on the fragile banking sector nowadays and the possibility of progressing towards a system of public and safe money, issued by the Central Bank. Miguel A. Fernández Ordóñez introduces his text with a quote from Mervyn King, former governor of the Bank of England: «Among all ways of organizing the banking system, the one that we have today is the worst.» Ordóñez shares his opinion and he proposes a radical change within the banking system: a Central Bank which would be the only one authorized to create money. His reform would allow families and companies to deposit their money in the Central Bank, something that exclusively private banks do today. Thus, only real money would be employed, far away from the «fictive money» or «promise to give back money» that we are used to nowadays. Fernández Ordóñez claims that by doing so, financial and economic crises could be avoided, such as the one which Spain suffered from 2008 onwards. Banks would not need to be rescued with huge amounts of public money. Through this new model that the author proposes, everything would be reformulated: the Central Bank would be an autonomous system, far from the control of political powers, and private banks would transform into very different companies. The Government would not be in need of investing public money to save banks, and the society would head towards a more equal and safe economic system.

How long is The future of banking (Flash Ensayo)?

The future of banking (Flash Ensayo) by Miguel A. Fernández Ordóñez is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read The future of banking (Flash Ensayo) Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read The future of banking (Flash Ensayo) aloud.

What Reading Level is The future of banking (Flash Ensayo)?

The future of banking (Flash Ensayo) is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The future of banking (Flash Ensayo)?

The future of banking (Flash Ensayo) by Miguel A. Fernández Ordóñez is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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