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inside and outside money
[entry]
The New Palgrave Dictionary of Economics
unpublished
Preserved Fulltext
__________________________________________________________________________ A distinction is drawn between outside money-money that is either of a fiat nature or backed by some asset that is not in zero net supply within the private sector-and inside money, which is an asset backed by any form of private credit that circulates as a medium of exchange.
doi:10.1057/9780230226203.0806
fatcat:2sc2znpidrbblol4o5ok6hox7u