
In the future economic system, as suggested by TOP Tax system, the total money supply (real money and debt money/loan money) to be necessary for circulation in a given country's economy should be at the minimum level of 100% and at maximum level 110% of the value of GDP of the country. Out of this total money supply in the economic system, 99.7% of the money will be in dematerialised (non physical) form in the accounts of citizens, Governments and companies. Only small portion of money, equalling just 0.3% of the total money in the economic system, will be in physical form i.e. currency notes or coins. All high valued paper currency notes will be demonetised.
Money supply; monetary system; monetary policy, jel: jel:E51, jel: jel:E5, jel: jel:E52, jel: jel:E42
Money supply; monetary system; monetary policy, jel: jel:E51, jel: jel:E5, jel: jel:E52, jel: jel:E42
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