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Suddenly, there was more "money" in the ledgers than there were physical blue slips in the vault. This was the Money Multiplier in action. The valley was booming. The Crisis and the Central Hand

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Unlike many generic economics textbooks that focus heavily on Western economies, S.B. Gupta’s work is distinct because of its . Suddenly, there was more "money" in the ledgers

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Monetary Economics - Institutions, Theory & Policy : S.B. Gupta