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The Evolution of Creditary Structures and Controls

The Evolution of Creditary Structures and Controls

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781403987532
Condition
New
Product Description

The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.

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