criticized for failing to explain common trends in money growth and inflation, and that therefore money should be used as a cross …

. Looking forward, an open question is whether this change in the relationship between money, credit, the term spread and …

as a socio-material transformation in which capital changes its skin from money, to commodities, to more money. The …

origins of capitalist debt by looking at how commercial money is produced as debt in the late seventeenth and early eighteenth … which the control, production, and distribution of money, as interest-bearing debt, are used to discipline populations …

new money is created. We also aim to go further and argue that a proper understanding of how new money is created has such … possibilities. Our main argument is that the received truth of the fractional reserve theory or ‘money multiplier’ model taught in … most economics textbooks cannot explain the expansion of the money supply by logic, simple math and by basic bank …

money and credit coexist. An increase in inflation affects unemployment through two channels: the matching channel and the …

The fact that money, banking, and financial markets interact in important ways seems self-evident. The theoretical … for government money, where the terms of bank deposit contracts are constrained by the liquidity insurance available in …

consequence, a positive liquidity differential between money and real assets emerges, resulting in an increased demand for fiat … money, as observed since the eruption of the global financial crisis. A policy intervention replacing information sensitive … assets with government bonds or fiat money, as done in the asset-purchase program implemented by the Federal Reserve Bank …