Outside money is money that is not a liability for anyone "inside" the economy. It is held in an economy in net positive amounts. Examples are money that is backed by gold, and assets denominated in foreign currency or otherwise backed up by foreign debt, like foreign cash, stocks or bonds. Typically, the private economy is considered as the "inside", so government-issued money is also "outside money." [1]
Referencesedit
^Lagos, Ricardo. "Inside and Outside Money," (PDF). Federal Reserve Bank of Minneapolis. (PDF) from the original on 19 October 2012. Retrieved 2 April 2012.
outside, money, money, that, liability, anyone, inside, economy, held, economy, positive, amounts, examples, money, that, backed, gold, assets, denominated, foreign, currency, otherwise, backed, foreign, debt, like, foreign, cash, stocks, bonds, typically, pri. Outside money is money that is not a liability for anyone inside the economy It is held in an economy in net positive amounts Examples are money that is backed by gold and assets denominated in foreign currency or otherwise backed up by foreign debt like foreign cash stocks or bonds Typically the private economy is considered as the inside so government issued money is also outside money 1 References edit Lagos Ricardo Inside and Outside Money PDF Federal Reserve Bank of Minneapolis Archived PDF from the original on 19 October 2012 Retrieved 2 April 2012 See also edit nbsp Money portalInside money nbsp This money or currency related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Outside money amp oldid 1038872015, wikipedia, wiki, book, books, library,
