Inside and outside money

Ricardo Lagos

No 374, Staff Report from Federal Reserve Bank of Minneapolis

Abstract: A distinction is drawn between outside money - money that is either of a fiat nature or backed by some asset that is not in zero net supply within the private sector - and inside money, which is an asset backed by any form of private credit that circulates as a medium of exchange.

Keywords: Money (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-acc, nep-cba, nep-fmk, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.minneapolisfed.org/research/sr/sr374.pdf Full Text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedmsr:374

Access Statistics for this paper

More papers in Staff Report from Federal Reserve Bank of Minneapolis Contact information at EDIRC.
Bibliographic data for series maintained by Kate Hansel ().