Representational Monetary Identity
Lulu (2013)
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| Abstract |
Whenever debt is itself money, this money becomes a self-inflating debt principal by already being its own interest. Hence modern inflation, deflation, and eventual monetary crises. Yet why does money become debt? The concept of representational monetary identity answers to precisely this question
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| Keywords | commodity exchange money exchange value monetary value monetary representation being nothingness omnistitution omniequivalence metamoney |
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