Today all countries have fiat money issued by a central bank. There is no obligation by a central bank to exchange its … money for gold or any other good. Central banks have the monopoly to issue central bank money and have the power to create … their money out of nothing. Creating such a monetary system is functional for a capitalist economy and must be regarded as a …

threatened central banks money and their role in the monetary system. Meanwhile, central banks have been studying and launching … challenges the boundaries of money. In light of El Salvador experience, we consider different points of view on the nature of … money allowing us to reject or to include Bitcoin and cryptocurrencies inside money spectrum …

circulation low quality subsidiary coins, and (iii) the numerous official resolutions banning the exporting of fractional money …

shortages of small change and argued that an abundance/dearth of money had real effects on exchange. To confront these facts, we …

. This implicates a vision or, in the ideal case, a formalized theory of the money economy's possible end states. This theory …

numerically for a balanced growth representation of the economy of the empire, a solution that captures the intricacies of money …

The first attempt in the human history to consciously create money ended in a collapse in 1720, well-known as the money … mania. This unfortunate start raises doubt on money creation as a whole such that today there are still voices questioning … created money even though it is now indispensible for the world economy. But this misfortune also has the bright side in that …