Money is defined as the instrument that settles debts and obligations, and all monetary systems are described as revolving around debt vortices rather than circulating money.
Coalgebraic analysis of subgame-perfect equilibria in infinite games without discounting.Mathematical Structures in Computer Science, 2015
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Monetary Macro Accounting Theory
Money is defined as the instrument that settles debts and obligations, and all monetary systems are described as revolving around debt vortices rather than circulating money.