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What We Mean by “Good Money”

In: A Guide to Good Money

Author

Listed:
  • Brendan Brown

    (Hudson Institute)

  • Robert Pringle

    (Central Banking Publications)

Abstract

This is one of the core chapters of the book as it describes the authors’ ideas about the essence of good money. It introduces a fundamental and novel concept—that of super-money. Super-money is distinctive in possessing qualities that the core assets of money must possess for there to be a broad and stable demand for what economists call “high-powered” money. The architects of a good money regime have to lay the foundations for super-money qualities to flourish.

Suggested Citation

  • Brendan Brown & Robert Pringle, 2022. "What We Mean by “Good Money”," Springer Books, in: A Guide to Good Money, chapter 0, pages 49-66, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-06041-0_4
    DOI: 10.1007/978-3-031-06041-0_4
    as

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