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AUTOMATIC STABILIZING MECHANISMS UNDER FREE BANKING
AUTOMATIC STABILIZING MECHANISMS FREE BANKING monetary system
2008/12/4
One objective of this paper is to explain the automatic stabilizing
mechanisms inherent in a free banking system. Starting from an
initial primitive state of society, I will suggest how a banking sy...
A LEAP OF FAITH FOR SOVEREIGN DEFAULT：FROM IMF JUDGMENT CALLS TO AUTOMATIC INCENTIVES
Official policy arketplace commercial banks
2008/11/6
Official policy, whether national or global, always lags behind the
realities of the marketplace. In times of major transition, it lags behind
real policy, informal and unstated, as it responds to c...