EAN: 9783031478864

MODERN MONEY THEORY - L RANDALL WRAY KARTONIERT...

This book  a revised new edition  examines how money is created and how it functions within
global exchange rate regimes to highlight how monetary policy can promote economic growth  full
employment  and price stability. It provides an introduction to the basics of macroeconomic
accounting and the domestic monetary system  as well as fiscal operations  tax policy for
sovereign nations  alternative exchange rate regimes. New topics  including central bank
clearing  responses to the COVID-19 pandemic  the rise of inflation  and how to finance a Green
New Deal  are also discussed. Modern Money Theory provides the reader with a framework for
understanding real world economies. It will be relevant to students  researchers  and
policymakers interested in monetary policy.

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