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The Political Economy of Private Credit Money Accommodation

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Figure

Figure 5.13—Bank runs with upward contagion in the hierarchy, 1930-1933
Table 1.1—Composition and Definition of Monetary Aggregates in the EMU
Figure 1.2—Monetary aggregates in the EMU (1980-2017, in trillion EUR)
Table 2.3—MMT vs Money View on private money creation and the role of the state
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