Overview
Monetary Theory provides an alternative to monetary economics based on the distinctive properties of money banking. The book:
*Analyses money
*Shows that the distinction between money and income is rooted in the banking practice
*Examines exchange rate instability and financial crisis
*Puts forward an alternative proposal for European Monetary Union.
*Analyses money
*Shows that the distinction between money and income is rooted in the banking practice
*Examines exchange rate instability and financial crisis
*Puts forward an alternative proposal for European Monetary Union.
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