Introduction

Jacques Riboud

A chapter in The Mechanics of Money, 1980, pp 26-28 from Palgrave Macmillan

Abstract: Abstract In the modern world, money has long since ceased to be expressed in terms of coins made of a precious metal having its own intrinsic value. Everywhere money is nothing other than a claim on an institution, whether central bank or commercial bank, and takes the form of banknotes payable to the bearer or credits to a current account.

Keywords: Central Bank; Current Account; Precious Metal; Commercial Bank; Floating Mass (search for similar items in EconPapers)
Date: 1980
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-05112-0_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349051120

DOI: 10.1007/978-1-349-05112-0_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().