How Long to Read What lessons from the 1930s?

How Long Does it Take to Read What lessons from the 1930s??

It takes the average reader and 19 minutes to read What lessons from the 1930s? by Cinzia Alcidi

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

Description

"This paper explores three areas in which the experience of the Great Depression might be relevant today: monetary policy, fiscal policy and the systemic stability of the banking system. We confirm the consensus on monetary policy: deflation must be avoided. With regard to fiscal policy, the picture is less clear. We cannot confirm a widespread opinion according to which fiscal policy did not work because it was not tried. We find that fiscal policy went to the limit of what was possible within the confines of sustainability, as they existed then. Our investigation of the US banking system shows a surprising resilience of the sector: commercial banking operations (deposit-taking and lending) remained profitable even during the worst years. This suggests one policy conclusion: At present the authorities in both the US and Europe have little choice but to make up for the losses on 'legacy' assets and wait for banks to earn back their capital. But to prevent future crises of this type, one should make sure that losses from the investment banking arms cannot impair commercial banking operations. At least a partial separation of commercial and investment banking thus seems justified by the greater stability of commercial banking operations."--Publisher.

How long is What lessons from the 1930s??

What lessons from the 1930s? by Cinzia Alcidi is 19 pages long, and a total of 4,921 words.

This makes it 6% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read What lessons from the 1930s? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 26 minutes to read What lessons from the 1930s? aloud.

What Reading Level is What lessons from the 1930s??

What lessons from the 1930s? is suitable for students ages 6 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 What lessons from the 1930s??

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