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Modern Monetary Circuit Theory, Stability of Interconnected Banking…
https://api.newton.ac.uk/website/v0/events/preprints/NI150633. Economics is the science of confusing stocks with flows. In our opinion, the functioning of the economy and the role of money isbest described by the Monetary Circuit Theory (MCT), ... Here and above we looked at the classical LVGEs and KEs and
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