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Keywords: Ethics
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Journal Articles
Journal of Economic and Administrative Sciences (2018) 34 (2): 123–136.
Published: 19 February 2018
... that money arises in the first place. It is crucially important, then, that the monetary system be based on sound principles. Fractional-reserve banking is a violation of these sound principles. Therefore, it is valuable to demonstrate that this is indeed the case. Much has been written on both the ethics...

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