Example sentences of "substitutes for money " in BNC.

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1 A crucial Keynesian assumption is that if holders of speculative money balances decide to hold their wealth in some other form , they are likely to purchase financial assets since these are taken to be closer substitutes for money than other types of assets .
2 Thus speculative balances are likely first of all to be spent on financial assets which are close substitutes for money , rather than on real assets such as land , buildings , and the like .
3 It is first necessary to recognize that some financial assets are closer substitutes for money than other financial assets , and so are the more likely to be immediately affected by a change in the money supply .
4 For example , treasury bill finance has the effect of creating extremely liquid assets which are very close substitutes for money .
5 Consider the assets created by NBFIs as substitutes for money .
6 What is being alleged here is that NBFIs create assets which are in some close measure substitutes for money and which have their own advantages , interest perhaps or long-term capital gain , which money does not have .
7 European investors have traditionally taken this view of FRNs and have regarded them as close substitutes for money market securities .
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