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Money

G. R. Steele
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G. R. Steele: University of Lancaster

Chapter 2 in Monetarism and the Demise of Keynesian Economics, 1989, pp 7-16 from Palgrave Macmillan

Abstract: Abstract Once an armed robber has demanded money from you, it would be foolhardy to ask for a more precise definition of his terms. Yet, what might have been acceptable as money last year may well be rejected now. Some forms of money may be readily devalued by institutional practices; other forms will have a more lasting worth.

Keywords: Commercial Bank; Money Supply; Bank Credit; Bank Deposit; Quantity Theory (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09994-8_2

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DOI: 10.1007/978-1-349-09994-8_2

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