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By contrast, in an overdraft economy, firms are always in need of advances
production economy is such that the consequences of an overdraft economy also apply
In the USA, over the reserve-averaging period, the Fed supplies highpowered money on demand, as in overdraft economies or in zero-reserve financial
In overdraft economies, where commercial banks take advances from the central
"the overdraft economy is defined by a double level of indebtedness:
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