Making Central Banks Serve The Real Economy
The challenge is to redirect central bank money into the real economy and to the needs of society. If new money is issued to expand the productive capacity, there is no reason for inflation. Long-term financing could become available at an affordable price. Central bank money must not replace a soun...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Risk Institute, Trieste- Geneva
2013-10-01
|
| Series: | Cadmus |
| Online Access: | http://www.cadmusjournal.org/article/volume-2/issue-1-part-3/making-central-banks-serve-real-economy |