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- Credit_theory_of_money abstract "Credit theories of money (also called debt theories of money) are concerned with the relationship between credit and money. Proponents of these theories, such as Alfred Mitchell-Innes, sometimes emphasize that credit and debt are the same thing, seen from different points of view. Proponents assert that the essential nature of money is credit (debt), at least in eras where money is not backed by a commodity such as gold. Two common strands of thought within these theories are the idea that money originated as a unit of account for debt, and the position that money creation involves the simultaneous creation of money and debt. Some proponents of credit theories of money argue that money is best understood as debt even in systems often understood as using commodity money. Others hold that money equates to credit only in a system based on fiat money, where they argue that all forms of money including cash can be considered as forms of credit money.The first formal Credit theory of money arose in the 19th century. Anthropologist David Graeber has argued that for most of human history, money has been widely understood to represent debt, though he concedes that even prior to the modern era, there have been several periods where rival theories like Metallism have held sway.".
- Credit_theory_of_money thumbnail SAM_PC_1_-_Tally_sticks_1_-_Overview.jpg?width=300.
- Credit_theory_of_money wikiPageExternalLink The%20Credit%20Theoriy%20of%20Money.htm.
- Credit_theory_of_money wikiPageExternalLink what%20is%20money.htm.
- Credit_theory_of_money wikiPageID "15092842".
- Credit_theory_of_money wikiPageRevisionID "604211490".
- Credit_theory_of_money hasPhotoCollection Credit_theory_of_money.
- Credit_theory_of_money subject Category:Finance.
- Credit_theory_of_money subject Category:Monetary_economics.
- Credit_theory_of_money comment "Credit theories of money (also called debt theories of money) are concerned with the relationship between credit and money. Proponents of these theories, such as Alfred Mitchell-Innes, sometimes emphasize that credit and debt are the same thing, seen from different points of view. Proponents assert that the essential nature of money is credit (debt), at least in eras where money is not backed by a commodity such as gold.".
- Credit_theory_of_money label "Credit theory of money".
- Credit_theory_of_money label "Kredittheorie".
- Credit_theory_of_money label "Кредитные деньги".
- Credit_theory_of_money label "信用貨幣".
- Credit_theory_of_money sameAs Kredittheorie.
- Credit_theory_of_money sameAs 信用貨幣.
- Credit_theory_of_money sameAs m.0j262nj.
- Credit_theory_of_money sameAs Q1410855.
- Credit_theory_of_money sameAs Q1410855.
- Credit_theory_of_money wasDerivedFrom Credit_theory_of_money?oldid=604211490.
- Credit_theory_of_money depiction SAM_PC_1_-_Tally_sticks_1_-_Overview.jpg.
- Credit_theory_of_money isPrimaryTopicOf Credit_theory_of_money.
