by Summary:
Die Volkswirtschaft 1–2 2017, December 21, 2016. HTML, PDF. Banning inside money creation would be unnecessary, insufficient, not enforceable, and besides the point. The way forward is to grant everyone access to central bank reserves and let investors choose between reserves and deposits.
Topics:
Dirk Niepelt considers the following as important: *, Central Bank, Contributions, currency, Enforcement, Legal tender, Money, Swiss National Bank, Switzerland, Time inconsistency, Vollgeld
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Die Volkswirtschaft 1–2 2017, December 21, 2016. HTML, PDF. Banning inside money creation would be unnecessary, insufficient, not enforceable, and besides the point. The way forward is to grant everyone access to central bank reserves and let investors choose between reserves and deposits.
Topics:
Dirk Niepelt considers the following as important: *, Central Bank, Contributions, currency, Enforcement, Legal tender, Money, Swiss National Bank, Switzerland, Time inconsistency, Vollgeld
This could be interesting, too:
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Die Volkswirtschaft 1–2 2017, December 21, 2016. HTML, PDF.
Banning inside money creation would be unnecessary, insufficient, not enforceable, and besides the point. The way forward is to grant everyone access to central bank reserves and let investors choose between reserves and deposits.