Taxation of Fiat Money Using Dynamic Control
The treasury analogy is widely used in most countries in the execution of fiscal policies striving to match taxation with public expenditure while, at the same time, the central banks tinker with interest rates and reserve requirements and conduct open market operations for regulating money supply....
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-06-01
|
Series: | Systems |
Subjects: | |
Online Access: | https://www.mdpi.com/2079-8954/10/3/84 |