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Innovated Payments Systems

  • M. L. Burstein

Abstract

Indeed the money of account must precede the money. The measure and the property, including money, that is measured are ontologically distinct. What is more, there need be no money at all: money of account alone suffices for a viable debt-discharge system.

Keywords

Central Banking Public Debt Clearing House Real Asset Convenience Yield 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© M. L. Burstein 1991

Authors and Affiliations

  • M. L. Burstein
    • 1
  1. 1.York UniversityCanada

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