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Is the Euro Secure? : Approach to a New Monetary Theory (Paperback) (Hermann Witte)

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Economic crisis in Greece led to discussions on the security of the euro. To answer this question, first the functions of money, the theoretical basis of monetary policy and the criteria for the security of a currency have to be discussed. The actual crises demonstrate that neither Keynesian interest control nor the monetarisms control of the money amount can solve the problems. Regarding the advantages of both approaches an own approach for controlling the economy is developed. The new approach of monetary theory is based on equilibriums of goods, money and labor markets. The found equilibrium solution is no identity (approach of monetarism) and no "equilibrium with unemployment" (Keynes). But the approach leads to a secure currency. Dr. Hermann Witte, Professor of Business Administration, Logistics and Environmental Economics, University of Applied Sciences Osnabrueck, Campus Lingen, Institute of Management and Technology.
Number of Pages: 165
Genre: Business + Money Management
Series Title: Lingener Studien Zu Management Und Technik
Format: Paperback
Publisher: Intl Specialized Book Services
Author: Hermann Witte
Language: English
Street Date: December 11, 2016
TCIN: 52469263
UPC: 9783643908339
Item Number (DPCI): 248-46-0305
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