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'MONEY PRINTING' IN THE MODERN BANKING SYSTEM.

Authors :
Congdon, Tim
Source :
Economic Affairs; Mar2011, Vol. 31 Issue 1, p135-135, 1p
Publication Year :
2011

Abstract

The article offers information on the money printing in the modern banking system. It mentions that printing money is considered as pejorative and inflationary, while the creation of money in tangible form including coin is considered responsible and anti-inflationary. It informs that printed money can be legalized only when the quality of money which is hard and tangible assets is maintained and to be condemned.

Details

Language :
English
ISSN :
02650665
Volume :
31
Issue :
1
Database :
Complementary Index
Journal :
Economic Affairs
Publication Type :
Academic Journal
Accession number :
59192077
Full Text :
https://doi.org/10.1111/j.1468-0270.2010.02068.x