Introduction à l’analyse économique de la monnaie

Jacques Fontanel ()
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: Money is an intermediary in the exchange, binding in its territory of exercise, it is a pragmatic currency of general equivalent and it is an instrument reserve of value. The question has often been asked whether it is the State that confers its value on money. Formerly linked to a weight of precious metals, it is now based on confidence in its usefulness and its relationship with credits, in the context of the different liquidity positions of economic agents.

Keywords: Money; credit; general equivalent; reserve of value; State; Monnaie; crédit; équivalent général; réserve de valeur; Etat (search for similar items in EconPapers)
Date: 1988
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Published in Economie monétaire et productive, Université des Sciences Sociales de Grenoble, 1988

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