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Central Banknotes and Black Markets: The Case of the Japanese Economy During and Immediately After nd, thereby reducing their money demand and accelerating inflation. We also demonstrate that the black markets helped to reserve scarce physical resources for the post-control economy starting in the late 1940s.消耗 发表于 2025-3-27 06:05:02
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Public Bonds as Money Substitutes at Near-Zero Interest Rates: Disequilibrium Analysis of the Curre bond markets is absorbed by excess demand in money markets, induced by strong money demand at near-zero interest rates. In particular, strong money demand absorbs public bonds not as investment instruments, but as money substitutes. This chapter also demonstrates that excess demand in money marketslicence 发表于 2025-3-27 16:31:26
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Central Bank Cryptocurrencies in a Competitive Equilibrium Environment: Can Strong Money Demand Surint as well as money market conditions jointly work to determine the price level as discussed in Chapters “.and.”. We then investigate whether the introduction of CBCCs plays a role in the disappearance of strong money demand (currently present at near-zero interest rates in Japan) and its alternatiFUSC 发表于 2025-3-27 23:45:34
Book 2021vernment with maximum fiscal flexibility. However, if it disappeared for some reason, prices wouldsurge to the quantity theory of money level, and fiscal sustainability would have to be restored. In the future, alternative currency units issued by private banks might carry out a purge of such strong袖章 发表于 2025-3-28 06:04:10
Algebraic Techniques to Enhance Common Sub-expression Extraction for Polynomial System Synthesisnics, and superintelligence. Chapters explore some of the political, economic, sociological, and psychological dimensions of these advances, withbibliographies for further study and questions for discussion. The technological future is here – and it is up to us to decide its moral and religious shape..978-3-030-62358-6978-3-030-62359-3斜谷 发表于 2025-3-28 09:07:44
Parallel Hardware Today and Tomorrow,ere parallel system architecture is going in the near term. We tried to write these recent events from the point of view of: first, the lessons learned in parallel processing in the period from 1980–2020; and second, where parallel system architecture is going.