In the economy, the balance sheets of economic agents are interconnected: the revenues of some are the expenses of others, and the financial assets of some are the liabilities of others

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Money, Debt, and the Public Deficit

  • Thomas Lagoarde-Ségot

摘要

In the economy, the balance sheets of economic agents are interconnected: the revenues of some are the expenses of others, and the financial assets of some are the liabilities of others