Calendar Time: A Muzzle in Space
摘要
Commercial bankBanks loans, central bankCentral bank loans, and bond purchases are the main tools of money creationMoney creation in our current monetary architectureMonetary architecture. Our spaceless financial value frameworkFinancial value framework and financial mathematicsFinancial mathematics define the analytical principles and tools we use to value the debt instruments upon which our spaceless monetary architectureMonetary architecture is built.