Money, Capital, and Forced Saving
Money, Capital, and Forced Saving
This chapter observes theoretical arguments that lie beneath the analysis of money, capital, and forced saving. It discusses monetary disturbances, levels of investment, and the consequences of adopting banking practices that allow the demand for investible funds to be met at the prevailing money rate of interest and independently of the supply of savings. The chapter concludes with a description of the implications of monetary changes on the structure and amount of investment and the distinction between voluntary and forced saving.
Keywords: money, capital, forced saving, monetary disturbances, money rate, monetary changes
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