Inside money definitions

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Inside money

Inside money logo #21000 Inside money is a term in monetary economics, commonly referring to money issued by private intermediaries in the form of debt. In the presence of interest rate differentials, debt issuers can make arbitrage profits by lending short and borrowing long. The money, i.e. the debt that is exchanged in this course is referred to as inside money. Inside...
Found on http://en.wikipedia.org/wiki/Inside_money

inside money

inside money logo #21011Any debt that is used as money. Is a liability to the issuer. Total amount of inside money in an economy is zero. Contrast outside money. Contexts: money; models
Found on http://www.econterms.com/glossary.cgi?query=inside+money
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