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Monetary Theory
Georg Freidrich Knapp
其他書名
Knapp's Last Speeches
出版Amazon Digital Services LLC - KDP Print US, 2018-11-05
主題Business & Economics / Banks & Banking
ISBN17309244849781730924484
URLhttp://books.google.com.hk/books?id=l7etzQEACAAJ&hl=&source=gbs_api
註釋The last published speeches from Georg Freidrich Knapp. Excerpts translated by Marco Saba from: G.F. Knapp, Einführung in einige Hauptgebiete der Nationalökonomie (Introduction to some major fields of economics, 1925). The text was written when banknotes were not yet officially recognizzed as legal tender. The same principles can be adopted today for the banks' electronic money (a.k.a. deposits) that is not yet recognized as legal tender and is wrongly identified as a irredeemable "liability."