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THE FUTURE OF PRICE STABILITY IN A FIAT MONEY WORLD
PRICE STABILITY FIAT MONEY WORLD economic restructuring—perestroika
2008/12/3
Political and economic restructuring—perestroika—is sweeping the
world, Entire political systems are being restructured. Economic
restructuring is occurring at the country, industry, and firm levels...
THE EMERGENCE OF FIAT MONEY:A RECONSIDERATION
FIAT MONEY monetary economics rational agents trade
2008/11/12
One of the fundamental questions in monetary economics is why
fiat money has value: Why do rational agents trade real resources for
intrinsically worthless pieces of paper? Monetary economists have
...