New Theory Reveals Money's Heavenly Creation and Impact on Economy
Money, credit, and monetary markets are connected and influence the real economy. There are two types of money markets, asset-money and credit-money markets, that create money through their interactions. This money then enters the economy to support real sector activities. Monetary intermediaries, like firms, play a role in producing money through credit and savings processes. Money is essentially created in the sky of monetary markets and returns to the land of real markets. Monetary integration occurs through the interaction of these money markets.