Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central
Autor(a) principal: | |
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Data de Publicação: | 2014 |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000300003 |
Resumo: | The current crisis shed a new light on issues that, previously, were not perceived as serious or important. It highlighted the close ties between fiat currency and government bonds denominated in it or, in other words, the relationship between Treasury and Central Bank. Two ill-conceived views of the "new consensus" on money that had turned into taboos were put in evidence. The first, derived from the quantitative theory, concerns the rejection of unsterilized monetary expansion; the second, directly related to the neoliberal ideology, prohibits or imposes strict limits on the role of central banks in the financing of public debts. |
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Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Centralmonetary policyquantitative easingdebt monetizationThe current crisis shed a new light on issues that, previously, were not perceived as serious or important. It highlighted the close ties between fiat currency and government bonds denominated in it or, in other words, the relationship between Treasury and Central Bank. Two ill-conceived views of the "new consensus" on money that had turned into taboos were put in evidence. The first, derived from the quantitative theory, concerns the rejection of unsterilized monetary expansion; the second, directly related to the neoliberal ideology, prohibits or imposes strict limits on the role of central banks in the financing of public debts.Centro de Economia Política2014-09-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000300003Brazilian Journal of Political Economy v.34 n.3 2014reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/S0101-31572014000300003info:eu-repo/semantics/openAccessFarhi,Marysepor2014-10-29T00:00:00Zoai:scielo:S0101-31572014000300003Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2014-10-29T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
title |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
spellingShingle |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central Farhi,Maryse monetary policy quantitative easing debt monetization |
title_short |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
title_full |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
title_fullStr |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
title_full_unstemmed |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
title_sort |
Revelações da crise: moeda fiduciária e as relações Tesouro/Banco Central |
author |
Farhi,Maryse |
author_facet |
Farhi,Maryse |
author_role |
author |
dc.contributor.author.fl_str_mv |
Farhi,Maryse |
dc.subject.por.fl_str_mv |
monetary policy quantitative easing debt monetization |
topic |
monetary policy quantitative easing debt monetization |
description |
The current crisis shed a new light on issues that, previously, were not perceived as serious or important. It highlighted the close ties between fiat currency and government bonds denominated in it or, in other words, the relationship between Treasury and Central Bank. Two ill-conceived views of the "new consensus" on money that had turned into taboos were put in evidence. The first, derived from the quantitative theory, concerns the rejection of unsterilized monetary expansion; the second, directly related to the neoliberal ideology, prohibits or imposes strict limits on the role of central banks in the financing of public debts. |
publishDate |
2014 |
dc.date.none.fl_str_mv |
2014-09-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000300003 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000300003 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
10.1590/S0101-31572014000300003 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.34 n.3 2014 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
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1754122481426235392 |