The Evolution of Creditary Structures and Controls
by
G. Gardiner
Book Details
Format
Hardback or Cased Book
ISBN-10
140398753X
ISBN-13
9781403987532
Publisher
Palgrave USA
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 13th, 2006
Print length
277 Pages
Product Classification:
Monetary economicsBankingCredit & credit institutions
AI Summary
Ksh 16,200.00
Publisher Out of Stock
0 in stock
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Secure
Quality
Fast
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.
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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