Macroeconomics and Monetary theory

Macroeconomics and Monetary theory

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However, our modern banking system does not work this way. It produces inside money (based on private debt). Even in the case of the old gold standard system a technology for the production of money existed and was based on theanbsp;...

Title:Macroeconomics and Monetary theory
Author:Harry Gordon Johnson
Publisher:Transaction Publishers - 1971


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