000			01620naa a2200205uu 4500
001			8011017344019
003			OSt
005			20190212105946.0
008			080110s1999 bl ||||gr |0|| 0 por d
100	1		_aFREITAS, Maria Cristina Penido de _913717
245	1	0	_aMoeda endógena e passividade bancária : _buma análise crítica da abordagem "horizontalista" e da teoria do circuito monetário
260			_aSão Paulo : _bEditora 34, _cout./dez. 1999
520	3		_aThe purpose of this article is to present a critical analysis of Post-Keynesian approachs that support the thesis of an extreme endogeneity of money creation. Neither horizontalists nor monetary circuit theorists give special attention to the dual and dialectic aspects of banks, profit oriented institutions which are responsible for money creation and for financial intermediation. Because of these aspects, banking competition is the core of financial instability and credit dynamics. Having as their main goal competition for profits, banks act procyclically helping to amplify the instability of the capitalist economy, and to stimulate financial speculation activities instead of industrial investments, which is the source of wealth and material reproduction in capitalist economies
590			_aRevista de Economía política 1999
590			_av. 19, n. 4(76)
773	0	8	_tRevista de Economia Política = Brazilian Journal of Political Economy _g19, 4, p. 114-133 _dSão Paulo : Editora 34, out./dez. 1999 _xISSN 01013157 _w
942			_cS
998			_a20080110 _b1734^b _cMariana
998			_a20140207 _b1054^b _ckarina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25428 _d25428
041			_apor