for government money, where the terms of bank deposit contracts are constrained by the liquidity insurance available in …The fact that money, banking, and financial markets interact in important ways seems self-evident. The theoretical … framework in which fractional reserve banks emerge in equilibrium, where bank assets are funded with liabilities made demandable …

In this paper, I develop a Marxian model of market for money capital populated by capitalists equipped with equal money … with relatively weak technology, yielding profit rate lower than interest rate, become a money capitalist (lender) and …