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 Laissez-faire Money or Free Banking
Laissez-faire Money or Free Banking
Money, Market, Marketwallahs 14 types of moneys or money-substitutes and hence by changing the amount of government currency, the government would not be able to change the total supply of money. Although the government is an important economic participant, and it can exert some...
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Money, Market, Marketwallahs 14 types of moneys or money-substitutes and hence by changing the amount of government currency, the government would not be able to change the total supply of money. Although the government is an important economic participant, and it can exert some influence in domestic transactions, it becomes relatively insignificant in international transactions. With increasing globalisation, monetary policy will have very little meaning or influence. The only wise course for the
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http://www.ccsindia.org/ccsindia/images/first_chapter_mmm.pdf#page=14
www.ccsindia.org/ccsindia/images/first_chapter_mmm.pdf#page=14
Money, Market, Marketwallahs 14 types <span class="highlight">of</span> moneys or money-substitutes and hence by changing the amount <span class="highlight">of</span> government currency, the government would not be able to change the total supply <span class="highlight">of</span> money. Although the government is an important economic participant, and it can exert some influence in domestic transactions, it becomes relatively insignificant in <span class="highlight">international</span> transactions. With increasing globalisation, monetary policy will have very little meaning or influence. The only wise course for the
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