The Evolution of Creditary Structures and Controls

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The Evolution of Creditary Structures and Controls image
ISBN-10:

140398753X

ISBN-13:

9781403987532

Author(s): Gardiner, G.
Released: Apr 13, 2006
Format: Hardcover, 291 pages

Description:

The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.

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