Jena 
Chartalism is an economic theory that holds that money is created by the state, and that the value of money is derived from its status as a legal tender. The theory is named after the Latin word charta, meaning “ticket” or “token”, which was used to describe early forms of money. The theory of chartalism … Read more
Suspension of payments is a judicial process whereby a declares that in those moments he is unable to respond to his debts. Thus, the definition of suspension of payments suggests that the company does have assets but that it has run out of certain solvency in terms of liquidity or cash. Therefore, the characteristics of … Read more
Economic inflation is known as the generalized increase in the prices of goods, products and services existing in the market in a given period of time. In other words, inflation gives way to a decrease in the purchasing power of the currency, that is, a loss of its real value. One way to measure inflation … Read more
