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Peter Kerr

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Pete Kerr is retired professor of economics at Southeast Missouri State University in Cape Girardeau. His work has appeared in various publications including the Journal of Economic Education, Applied Economic Letters, and the Southern Economic Journal. See his website.

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Digitizing Money Inflation Changes Nothing

The FedMonetary Theory

07/28/2011Mises Daily ArticlesPeter Kerr

Any student of money and banking recognizes the sophistry in saying that "the Fed does not pay with paper money."

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