Debt as Money
进一步论证了货币本质上是银行债务的观点，回应了批评，并探讨了其运作机制及历史起源，适合对货币本质和银行体系感兴趣的学者。
Money is positioned bank debt. This is a thesis I have previously defended in this journal. In the current paper, I elaborate the thesis and provide further grounding for it, especially in the light of criticism by others. In so doing, I examine how positioned bank debt as money works and how, in one case at least, it originally emerged