Open AccessIssues in financing economic development
Author(s) -
Vladislav В. Sirotkin,
AUTHOR_ID
Publication year - 2021
Publication title -
èkonomičeskoe vozroždenie rossii
Language(s) - English
Resource type - Journals
ISSN - 1990-9780
DOI - 10.37930/1990-9780-2021-4-70-63-68
Subject(s) - capitalism , cash flow , economics , inequality , profit (economics) , finance , money creation , distribution (mathematics) , discounted cash flow , monetary economics , business , financial system , monetary policy , neoclassical economics , central bank , political science , mathematical analysis , mathematics , politics , law
The special aspects of modern financial capitalism are under analysis, infinite profit-seeking in particular. What is called economic development is shown to be fueled and stimulated by continuous money issuance. The ruling credit-and-monetary institutions that determine cash flow in society are a main source of inequality when it comes to wealth distribution.