The Evolution of Creditary Structures and Controls

The Evolution of Creditary Structures and Controls
Author :
Publisher : Springer
Total Pages : 292
Release :
ISBN-13 : 9780230288447
ISBN-10 : 0230288448
Rating : 4/5 (48 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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