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Revised and updated guide to understanding exactly how the City works and what it actually does, providing the truth behind the headlines and scandals.
Synopsis
What causes the pound to rise or interest rates to fall? Which are the institutions that really matter? Why is it we need the Money Machine - and what happens when it crashes? This title provides answers and shows why we should be more familiar with a system we so intimately depend upon. It explains the nuts and bolts of the financial system.