Graduation Credit Cards – Immediate Buy In, Immediate Payoff
نویسندگان
چکیده
منابع مشابه
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The introduction (and widespread use) of credit cards increases trading efficiency but, by also increasing the velocity of money, it causes massive inflation, in the absence of monetary intervention. If the monetary authority attempts to restore pre-credit card price levels by reducing the money supply, it will have to sacrifice all the efficiency gains. When there is default on credit cards, t...
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ژورنال
عنوان ژورنال: International Journal on School Disaffection
سال: 2010
ISSN: 1478-8497
DOI: 10.18546/ijsd.07.2.07