Probably one of the most puzzled (and confusing) elements of endogenous cash is the basic notion of “funding”.
Probably one of the most puzzled (and confusing) elements of endogenous cash is the basic notion of “funding”. Endogenous cash is perhaps perhaps not really a theory that is new however it is maybe not well recognized also even today. Even many supposed endogenous cash theorists, such as the MMT people, misunderstand it and also […]
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