Abstract
Obviously the idea of equalizing marginal cost and benefit does not apply to normal cash holding in the way Friedman, Samuelson and others think it does. Nevertheless, the principle of equalization sounds quite reasonable, but it should apply to money in a way that makes sense.
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© 1989 Springer-Verlag Berlin Heidelberg
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Suhr, D. (1989). The Equalization of Money’s Cost and Benefit. In: The Capitalistic Cost-Benefit Structure of Money. Studies in Contemporary Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-74758-8_6
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DOI: https://doi.org/10.1007/978-3-642-74758-8_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-51138-0
Online ISBN: 978-3-642-74758-8
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