Antti Jokinen
@anttij.bsky.social
Accountant.
Main interests: Monetary economics. Orienteering (sport).
theaccountingview.blogspot.com
Main interests: Monetary economics. Orienteering (sport).
theaccountingview.blogspot.com
Reposted by Antti Jokinen
New article: "Yes, Banknotes are a Central Bank Liability"
Harks back to a discussion I had here on the weekend.
Money is important for the operation of a monetary economy. But the balance sheet items labelled "money" are not the key to the magic.
open.substack.com/pub/bondecon...
Harks back to a discussion I had here on the weekend.
Money is important for the operation of a monetary economy. But the balance sheet items labelled "money" are not the key to the magic.
open.substack.com/pub/bondecon...
Yes, Banknotes Are A Central Bank Liability
David Bholat recently wrote “How to Modernise Central Bank Balance Sheets: No Notes.” It is partly in response to this article. The idea is that banknotes (“dollar bills”/”pound notes” etc. issued by ...
open.substack.com
December 2, 2024 at 2:55 PM
New article: "Yes, Banknotes are a Central Bank Liability"
Harks back to a discussion I had here on the weekend.
Money is important for the operation of a monetary economy. But the balance sheet items labelled "money" are not the key to the magic.
open.substack.com/pub/bondecon...
Harks back to a discussion I had here on the weekend.
Money is important for the operation of a monetary economy. But the balance sheet items labelled "money" are not the key to the magic.
open.substack.com/pub/bondecon...