Inside money is a term that refers to any debt that is used as money. It is a liability to the issuer. The net amount of inside money in an economy is zero. At the same time, most money circulating in a modern economy is inside money.
Famous quotes containing the word money:
“Hollywood held this double lure for me, tremendous sums of money for work that required no more effort than a game of pinochle.”
—Ben Hecht (18931964)