lender of last resort. The lesson of Sweden's history of crises under the classical specie standard is that a transitional … import high powered money through loans guaranteed by the Swedish State. -- Classical silver and gold standards ; Financial …

country of Sweden, indicates that the Enskilda banks made a contribution out of the reach of non-note issuing banks. In view … credit market. -- Banking Fragility ; Capital Market Development ; Classical Silver and Gold Standards ; Fractional Reserves …

circulated among the public was a result of the law of adverse monetary selection: Gresham’s Law. -- Classical Silver and Gold …