A necessary condition for a money economy to be self-regulating is that

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Business

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3 January, 18:12

A necessary condition for a money economy to be self-regulating is that

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Carley Peters · Answer 1

A necessary condition for a money economy to be self-regulating is that interest rates must be flexible in the credit market.

If the interest rates were flexible in the credit market, the money economy will be self regulating, this an important condition for this.