title: Pure Money for a Sound Economy
creator: Schmidt, Sandra
subject: ddc-330
subject: 330 Economics
description: At present, the world-economy is exceedingly fragile. Debt  levels of nations peak. Monetary assets increase, too, and concentrate in the hands of few. In this paper, I show that a mechanism at the root of today’s monetary system entails an inherently fragile economy. I simulate the consequences of this mechanism within a macroeconomic model. I motivate a new monetary system that gives money the role it should have: to facilitate complex interactions in a stable environment.
date: 2015-01
type: Working paper
type: info:eu-repo/semantics/workingPaper
type: NonPeerReviewed
format: application/pdf
identifier: https://archiv.ub.uni-heidelberg.de/volltextserverhttps://archiv.ub.uni-heidelberg.de/volltextserver/18115/1/Schmidt_2015_dp580.pdf
identifier: DOI:10.11588/heidok.00018115
identifier: urn:nbn:de:bsz:16-heidok-181158
identifier:   Schmidt, Sandra  (2015) Pure Money for a Sound Economy.  [Working paper]     
relation: https://archiv.ub.uni-heidelberg.de/volltextserver/18115/
rights: info:eu-repo/semantics/openAccess
rights: http://archiv.ub.uni-heidelberg.de/volltextserver/help/license_urhg.html
language: eng