100% Money and the Public Debt by Irving Fisher
English | 2009 | ISBN: 1449590292 | 26 pages | PDF | 0,6 MB
Article by Irving Fisher (1936), Professor Emeritus of Economics, Yale University, urges Congress to take back the Constitutional money power, redeem the national debt, require banks' demand deposit to be 100% liquid, to avoiding an inelastic loan structure that bursts, leaving frozen loans behind, and avoid 'Global Financial Crises." Short biography by Michael Schemmann.
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