Archivo: Credit Mechanics 4 mechanical interrelationships governing the credit volume (Table 1 by F. Decker & C. Goodhart 2021)

Descripción: Table: Four mechanical interrelationships governing the credit volume. "Credit mechanics and related approaches were developed by a group of German monetary economists during the 1920s-1960s. [...] assesses the analysis of credit mechanics [‘Kreditmechanik’] within the context of the current money supply debate, arguing that the theory qualified a one-sided, bank-centric view of money creation which is now often encountered in monetary theory. With the old standard textbook models of money creation now discredited, the authors advocate a more general approach to money supply theory involving credit mechanics." (Decker/Goodhart [2018] in abstract of [reduced] column, presented by Charles Goodhart to WEF in Dec. 2018).
Título: Credit Mechanics 4 mechanical interrelationships governing the credit volume (Table 1 by F. Decker & C. Goodhart 2021)
Créditos: Wilhelm Lautenbach’s credit mechanics – a precursor to the current money supply debate, p. 8, DOI: 10.1080/09672567.2021.1963796.
Autor(a): Frank Decker and Charles A. E. Goodhart
Permiso: Public domainPublic domainfalsefalse Esta imagen de geometría simple es inelegible para el derecho de autor y por lo tanto está en el dominio público, porque consiste completamente en información que es propiedad común y no contiene ninguna paternidad literaria original.
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