Description

Today money is put into circulation in the form of credits.

Such credit money is always in short supply.

An increase in money in circulation is necessary as much because of increase in production, as because of making up for the money lost due to show down of velocity of money in circulation.

Required additional quantity of money in circulation is definitive (final), because it is intended to stay in circulation permanently. It cannot be credit money , which is in circulation temporarily, because credits must be returned.


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