The Evolution of Creditary Structures and Controls
| Author | : G. Gardiner |
| Publisher | : Springer |
| Total Pages | : 292 |
| Release | : 2006-04-13 |
| ISBN-10 | : 9780230288447 |
| ISBN-13 | : 0230288448 |
| Rating | : 4/5 (448 Downloads) |
Book Synopsis The Evolution of Creditary Structures and Controls by : G. Gardiner
Download or read book The Evolution of Creditary Structures and Controls written by G. Gardiner and published by Springer. This book was released on 2006-04-13 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.
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