Fanqie catalogue
Business web novels
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Fanqie books, by title, author or tag.
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The Birth of the Federal Reserve: Understanding the Dollar's Nature and Logic 美联储的诞生：读懂美元的本质和逻辑
The U.S. dollar is the foundation of the international financial system. As the institution that issues dollars, the Federal Reserve exerts influence everywhere, and every adjustment it makes has far-reaching effects on international finance. Yet before the Fed was established in 1913, the United States did not even have a unified currency, and its financial markets had no means of withstanding risk. Its economic might ranked only around the middle among the world's powers. As the Fed built the
15Reads8.8Score—Shelves
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Revisiting the Asian Financial Crisis: Lessons for Today 重看亚洲金融危机：留给今天的警示
When a bank tightens the terms for renewing a loan, factories often cut orders soon afterward. A hint of turbulence in the foreign exchange market can send the prices of imported fuel, medicine, and food soaring. Pension funds overseas may place cross-border bets in pursuit of higher returns, but the people who ultimately bear the risk are often ordinary families who have never once traded foreign currency. The full weight of a financial crisis lands squarely on ordinary people’s jobs and income
3Reads7.9Score—Shelves
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Fiscal Crisis: The Root Cause of the Ming Dynasty's Fall 财政危机，明朝灭亡的根源
In 1644, Beijing was in crisis. Yet trade in Jiangnan was still thriving, and silver from overseas continued to pour in. The court, however, was entirely unable to turn the wealth circulating through society into military funds, let alone restore social order. The credit of the Ming paper currency had long since collapsed, land tax assessments were increasingly out of touch with reality, and there were also the long-term costs of the imperial clan and frontier defenses. Once the crisis erupted,
2Reads8.0Score—Shelves