Representational Monetary Identity - Deugh Ausgam Valis, Mirelo
12,99 €
inkl. MwSt.

Versandfertig in 1-2 Wochen
payback
6 °P sammeln
  • Broschiertes Buch

Let us analyze what happens in commercial banking. First, we have a deposit. Then, we have a loan of up to a fraction (of 90%%) of this deposit. Finally, the borrower can deposit the borrowed money into another bank account, in the same bank or not. Suddenly, the trillion dollar question emerges: is the borrowed money in these two bank accounts... the same? On the one hand, the answer is yes: all borrowed money came from the original deposit---so it is that same original money. On the other hand, the answer is no: all money deposited into the borrower's account possibly stays in the original…mehr

Andere Kunden interessierten sich auch für
Produktbeschreibung
Let us analyze what happens in commercial banking. First, we have a deposit. Then, we have a loan of up to a fraction (of 90%%) of this deposit. Finally, the borrower can deposit the borrowed money into another bank account, in the same bank or not. Suddenly, the trillion dollar question emerges: is the borrowed money in these two bank accounts... the same? On the one hand, the answer is yes: all borrowed money came from the original deposit---so it is that same original money. On the other hand, the answer is no: all money deposited into the borrower's account possibly stays in the original depositor's account---so it is not that same original money. How can that be? (Digital version: http://omniequivalence.com/representational-monetary-identity/)
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.