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MONEY WEALTH AND SEIGNIORAGE
IDENTIFICATION AND MEASUREMENT OF GRANT
MOTIVES BEHIND INFLATIONARY MONETARY
13 other sections not shown
adjust agencies analysis assets average benefits billion bonds borrowers brand-name capital buyers cash commercial banks commitments commodity money competitive corporations cost credit markets currency debt demand deposits deposit rate ceilings distribution dollar Dunkelberg earnings effects estimated exemption federal credit programs Federal Reserve Bank Federal Reserve System FHA/VA FHLMC finance firms flows FSCA funds gain GNMA grants economics higher holdings home mortgages households impact implicit grants increase inflation tax interest rates investment investors issues Journal lenders liabilities loan associations lower marginal market rate member banks ment monetary authority monetary policy money supply mortgage nonmember percent portfolio profit purchases rate of inflation rate of interest rates paid ratio redistribution regulation relative reserve currency reserve requirements result revenues savers savings and loan sector seigniorage social saving subsidy Table tandem programs tax-exempt securities taxable thrift deposits thrift institutions tion trade credit transfers variable wealth windfall yield