. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute … Geldmenge einen signifikanten Beitrag zur Erklärung der Inflation und der Dynamik des Bruttoinlandsprodukts leistet. Das Model …

. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute …

's key variable, the quantity of money …

Today all countries have fiat money issued by a central bank. There is no obligation by a central bank to exchange its … money for gold or any other good. Central banks have the monopoly to issue central bank money and have the power to create … their money out of nothing. Creating such a monetary system is functional for a capitalist economy and must be regarded as a …

This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels … metallist theories of money. It will be shown that the origins and the evolution of money were closely intertwined with the rise … and consolidation of class society and inequality. Money, class society, and inequality came into being simultaneously, so …

dual role the dollar as the dominant international money and national money cannot be easily reconciled because the US … international public good of a stable money. To strengthen the IMS, China has advocated the revitalization of the Special Drawing … Rights (SDRs). But SDRs are neither money nor a claim on any international institution; are issued exogenously without any …

functions of money. So-called stable coins are intended to bridge this gap, but whether they can be successfully scaled up and …