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Published in:
1982 | OriginalPaper | Chapter
Euromoney
Author : Paul Davidson
Published in: International Money and the Real World
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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In our analysis of money, we have focused on its two basic functions, those of (a) the means of contractual settlement, and (b) the vehicle for transferring purchasing power over time, a liquidity time machine.