Why Banks Are Unpopular

Guido Carli

Chapter 11 in Money and the Economy: Central Bankers’ Views, 1987, pp 215-230 from Palgrave Macmillan

Abstract: Abstract We are going through a period in which the banking community has increasingly come to be regarded with hostility; this is certainly the case in my own country. Antipathy toward bankers has old roots: it is said of Schopenhauer that, on visiting the gallery where the portraits of the Fugger were hung and observing their images, he exclaimed: ‘When I look at your faces I have to admit that God is not with you.’ I propose to examine the reasons for the resentment which is felt toward bankers and banks in some countries.

Keywords: Central Bank; Banking System; Real Exchange Rate; Monetary Authority; Equity Financing (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07927-8_12

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DOI: 10.1007/978-1-349-07927-8_12

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