Abstract
It is shown that the 2008–2012 global economic crisis was caused by the distorted equilibrium in developed countries because the loans issued by commercial banks greatly exceeded deposits therein. Overcoming the crisis is possible in case of the state regulation of the extended reproduction of capital and recovery of the equilibrium by increasing annual cash turnover in the amount necessary for loan repayment through monetary depreciation and inflation.
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Translated from Kibernetika i Sistemnyi Analiz, No. 2, March–April, 2012, pp. 55–68.