The monetary system: analysis and new approaches to regulation
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Serval, Jean-François (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Chichester, West Sussex, United Kingdom Wiley 2014
Schriftenreihe:Wiley finance series
Schlagworte:
Online-Zugang:FRO01
UBG01
Volltext
Beschreibung:"The authors offer an analytic approach distinguishing those financial instruments that are freely transferable and those that can be classified as securitization and CDS as a result of their underlying legal structure from other financial instruments that can often be converted from one category to another. Their new aggregates M5 category encompass all instruments including cash from the Central Bank, in essence all receivables that in counterparty relationships are recorded as debts in some balance sheets, the M6 entry being the total of balance sheets from where the data has to be collected to compare them with revenues. By employing derivatives of M5 and M6 they cover all underlying collateral classes thus allowing a type of comprehensive economic modeling that no other authors have been able to propose. This text offers insights into the present situation of slow growth, rising debts and long term low inflation and puts forward some possible outcomes for the global economy. The authors point out the social role of monetary contracts not only because they are grounding exchanges as it has always been the since ever in the past but also because it's sampling is the tool for redistribution between actors including "sectors" through taxation and inflation and deflation and finally between generations"--
"This text provides an in-depth analysis of the definition of money and how money operates, taking a controversial stance in presenting the contemporary implementation of money as a social contract, governed by laws and regulations set by our society"--
Includes bibliographical references and index
Beschreibung:1 Online-Ressource
ISBN:9781118867853
1118867858
9781118867914
1118867912
9781118867808
1118867807

Es ist kein Print-Exemplar vorhanden.

Fernleihe Bestellen Achtung: Nicht im THWS-Bestand! Volltext öffnen