Recently, banks and enterprises are gradually involved in B2B electronic money C Plan abbreviated as electronic money. However, few articles have related e-commerce to the financial area. The main purpose of this study is to investigate the relationship between financial characteristics and implementing electronic money by e-commerce, and whether implementing electronic money will affect the fi...

The purpose of this paper is to explore the implications of private money issue for the effects of monetary policy, for optimal policy, and for the role of fiat money. A locational model is constructed which gives an explicit account of the role for money and credit, and for limited financial market participation. When private money issue is prohibited, there is a liquidity effect as the result...

Only those who have gone too far know where the limits should have been Money served throughout history as a medium of exchange and as a storehouse of value. But when gold and silver coins were replaced by paper currencies, money no longer was the same. Paper money, no longer having intrinsic value, now functions only as a medium of exchange, a function that degrades over time. The value of pap...

the present paper is an attempt to: 1- demonstrate how money is created (by the nature of the system), and to estimate the inflation resulting from monetary factors in both usurious and non-usurious systems. operational aspects of islamic and non-islamic banking systems are compared. 2- introduce a corrective term to be added to the multiplier of the supply of money, in order to prevent the und...

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the main goal of this research is studying the causative & effect of deficit budget, money offering and inflation rate in iran during 1360-1390. the results in long time indicates that the bulk of money has had positive effect & meaning on inflation rate during that time and alteration of budget deficit of the government has also positive effect on inflation but by meaningless impress, in other...