Crisis as a Result of Crises of Institutions and Function of Money Cover Image

Kryzys jako skutek kryzysu funkcji pieniądza i kryzysu instytucji
Crisis as a Result of Crises of Institutions and Function of Money

Author(s): Jerzy Żyżyński
Subject(s): National Economy, Financial Markets
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: money; central bank; financial crisis

Summary/Abstract: The paper analyses transformation of functions of money and addition of a new one. The newest function transforms money from a right to buy goods and services into the right to buy money itself.

  • Issue Year: 23/2015
  • Issue No: 3.1
  • Page Range: 13-34
  • Page Count: 22
  • Language: Polish