The purpose of this chapter is to elaborate some implications of a very simple idea about money. Money fundamentally allows economic agents to carry out either totally (in equilibrium) or partially (in disequilibrium) their desired transactions.
CITATION STYLE
Cartelier, J. (1996). Payment Systems and Dynamics in a Monetary Economy. In Money in Motion (pp. 200–237). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-24525-3_8
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