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Creating New Money
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Creating New Money

Publisher: New Economics Foundation | ISBN: 1899407294 | edition 2000 | PDF | 107 pages | 16 mb


Today’s monetary and banking system is, in essence, still based on the 500 year old fractional reserve system suited to metal money. It still has to catch up with the new payment practices and the
accelerating circulation of non-cash money based on modern information and telecommunication technology.


 







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