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prudent banking

real bills doctrine, larry white, wicksell, mints
Economic Thought, Free Banking

The Real Bills Doctrine: A Short Response

Larry White/October 13, 2015June 19, 2022

Juan Ramón Rallo has thoughtfully replied (in English) to my earlier Alt-M post that discussed two versions of the real-bills doctrine and what I took to be his defense of a prudent-banking version of the doctrine.  Here I offer a few comments on his reply. One topic under…

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