Credit Theory of Money - Relationship With Other Theories of Money

Relationship With Other Theories of Money

Debt theories of money fall into a broader category of work which postulates that monetary creation is endogenous.

In the forms commonly held by those to the left of the political spectrum, Debt theories have some overlap with Chartalism and are opposed to Metallism and often to the Quantity theory of money. Conversely, in the forms held by those with a Libertarian or Conservative perspective, debt theories of money are often compatible with the Quantity theory, and with Metalism at least when the latter is broadly understood.

Read more about this topic:  Credit Theory Of Money

Famous quotes containing the words relationship, theories and/or money:

    The relationship between mother and professional has not been a partnership in which both work together on behalf of the child, in which the expert helps the mother achieve her own goals for her child. Instead, professionals often behave as if they alone are advocates for the child; as if they are the guardians of the child’s needs; as if the mother left to her own devices will surely damage the child and only the professional can rescue him.
    Elaine Heffner (20th century)

    The theories and speculations of men concern us more than their puny accomplishment. It is with a certain coldness and languor that we loiter about the actual and so-called practical.
    Henry David Thoreau (1817–1862)

    In past years, the amount of money that has had to be been spent on armaments, great and small, instead of on productive industry and agriculture and the arts, has been a disgrace to all of us in every part of the world.
    Franklin D. Roosevelt (1882–1945)