THE NEW MONETARY ECONOMICS REVISITED.
The article discusses the New Monetary Economics (NME), which claims that monetary exchange should be liberalized by being freed from government fiat base money and instead tied to a commodity unit of account. Such monetary separation is said to require falling demand for currency issued by central...
| Publicado en: | CATO Journal Vol. 32; no. 3; pp. 581 - 595 |
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| Formato: | Artículo |
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Cato Institute
Fall2012
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=82234924&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 82234924 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 02733072 CAO jtl: CATO Journal issn: 02733072 maglogo: N pubinfo: dt: Fall2012 vid: 32 iid: 3 pid: 1630 pub: Cato Institute artinfo: ui: 82234924 ppf: 581 ppct: 14 formats: fmt: @attributes: type: P size: 718KB tig: atl: THE NEW MONETARY ECONOMICS REVISITED. aug: au: Cronin, David su: Monetary theory Currency question Technological innovations in the banking industry Currency boards Clearing of securities Bank liquidity Algorithms Financial liberalization sug: subj: Miscellaneous Financial Investment Activities Monetary theory Currency question Technological innovations in the banking industry Currency boards Clearing of securities Bank liquidity Algorithms Financial liberalization ab: The article discusses the New Monetary Economics (NME), which claims that monetary exchange should be liberalized by being freed from government fiat base money and instead tied to a commodity unit of account. Such monetary separation is said to require falling demand for currency issued by central banks. Other topics include the use of real-time gross settlement (RTGS) by commercial banks, the use of liquidity-saving mechanisms (LSMs), and the impact of computer algorithms in the settlement of interbank payments. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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