Money Creation: An Introduction
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Money Creation: An Introduction

        

Money Creation: An Introduction

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This is a free textbook offered by BookBoon.'One of the great mysteries and elegant features of the financial system in general, and of the banking sector in particular, is the creation of new money. The largest component of the money stock, bank deposits, is created by accounting entries. Many texts which cover money creation regard the reserve requirement (RR) as being at the very centre of the process, and many still regard the process as starting with a bank receiving a new deposit (placing... More
Material Type: Open Textbook
Technical Format: HTML/Text
Date Added to MERLOT: February 25, 2014
Date Modified in MERLOT: February 25, 2014
Author:
Submitter: Cathy Swift

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Primary Audience: College Lower Division, College Upper Division
Mobile Compatibility: Not specified at this time
Technical Requirements: Download entire book as PDF from this site
Language: English
Cost Involved: no
Source Code Available: unsure
Accessiblity Information Available: unsure
Creative Commons: unsure

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