IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-05112-0_14.html
   My bibliography  Save this book chapter

A flaw in monetary thinking

In: The Mechanics of Money

Author

Listed:
  • Jacques Riboud

Abstract

There exists a fundamental flaw in contemporary monetary thinking which invalidates interpretations of the indicators, causes wrong decisions to be taken, disrupts the mechanisms and paralyses monetary regulation, or causes it to work in reverse. This flaw consists of a failure to discriminate between those categories of assets that are used as means of exchange and those that are not, those that have a definite payment function and those that do not, those that may be transformed into money or cause the creation of money and those that are money.

Suggested Citation

  • Jacques Riboud, 1980. "A flaw in monetary thinking," Palgrave Macmillan Books, in: The Mechanics of Money, chapter 4, pages 155-165, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05112-0_14
    DOI: 10.1007/978-1-349-05112-0_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-05112-0_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.