Banii, băncile centrale, politica monetară şi reglementarea sistemului bancar modern

Despite the various accents observed in the traditional analyses on the roots of this kind of phenomena, we will argue that the causes of the present crisis, ignited inside our “modern” economies, are strongly related to the modern nature of money, the role of “fiat-currency” as exchange support for real transactions and the effect of central banks monetary policy on markets. Article published within <strong>Research Project CNCSIS TE_340, Contract no. </strong><span lang=\"\\"EN-GB\\"\" style=\"\"font-family: \"><strong>38 / 03.08.2010</strong> entitled “<em>Contagion Effect of Financial Crises in Case of Eastern European Countries</em>”</span>