credit to Schumpeter as monetary theorist. The present paper aims to show that this scanty renown of Schumpeter's monetary …, found the so-called "credit theory of money", as opposed to the "monetary theory of credit". The "credit theory of money …

that enables the bank credit manufacturing process. In this way, all the banks become interdependent on the flow of … inter-bank clearing and credit arrangements provide this coordination at the inter-bank level, which is effectuated through … agents in the economy over time and space; they increase the money base through credit creation; they hold fractional …

-Keynesian analysis of credit institutions will help us determine new solutions for economic policy aiming at full employment. Following … rather a practical reflection on the optimal economic policies resting on an in-depth understanding of money and credit …