The Evolution of Creditary Structures and Controls
Download or Read eBook The Evolution of Creditary Structures and Controls PDF written by G. Gardiner and published by Springer. This book was released on 2006-04-13 with total page 292 pages. Available in PDF, EPUB and Kindle.
| Author | : G. Gardiner |
| Publisher | : Springer |
| Total Pages | : 292 |
| Release | : 2006-04-13 |
| ISBN-10 | : 9780230288447 |
| ISBN-13 | : 0230288448 |
| Rating | : 4/5 (47 Downloads) |
Book Synopsis The Evolution of Creditary Structures and Controls by : G. Gardiner
Book excerpt: The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.
