Refuting Aizenman's Theory of Optimal Inflation

Seigniorage means printing money without backup or without 100% backup. Such practice is stealing. Attempts to work out the optimal amount of stealing are insane. This paper refutes another manipulating attempt

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Year of publication:	2016
Authors:	Choi, Hak
Publisher:	[2016]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Inflation \| Geldpolitik \| Monetary policy

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Extent:	1 Online-Ressource (4 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 12, 2012 erstellt
Other identifiers:	10.2139/ssrn.2160679 [DOI]
Classification:	E51 - Money Supply; Credit; Money Multipliers ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013007883