Poznań, Poland

Banking

Bankowość i usługi finansowe

Master's
Field of studies: Finance and Accounting
Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: part-time studies
Studies online Studies online
  • Description:

  • pl
University website: www.merito.pl/english/poznan
Banking
Bankers have no right to establish a customary law among themselves, at the expence of other men.
Foster, J., Hankey v. Trotman (1746), 1 Black. Rep. 2; reported in James William Norton-Kyshe, The Dictionary of Legal Quotations (1904), p. 17.
Banking
The modern banking system manufactures “money” out of nothing; and the process is, perhaps, the most, astounding piece of “sleight of hand” that was ever invented. In fact, it was not invented. It merely “grew”. … Banks in fact are able to create (and cancel) modern “deposit money”, just as much as they were originally able to create, or call in, their own original forms of private notes. They can, in fact, inflate and deflate, i.e., mint, and un-mint the modern “ledger-entry” currency.
Angas, Major L. L. B. (Lawrence Lee Bazley) (1937). Slump ahead in bonds. Somerset Pub. Co.. pp. 20-21. OCLC 3506072. 
Banking
But please do not think that I am not fond of banks,
Because I think they deserve our appreciation and thanks.
Ogden Nash. ‘Bankers are Just Like Everybody Else, Except Richer’, The Face is Familiar (1954).

Contact:

Powstańców Wielkopolskich 5
61-895 Poznań
tel. 61 655 33 33

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