gold standard and during the post-monetization period. The paper also explores the adjustments to fiat money which are …The paper is a study of the price level and relative price effects of a policy to monetize gold and fix its price at a … necessary to ensure that this type of gold monetization is non-inflationary. Finally, some conditions which produce a run on the …

gold standard and during the post-monetization period. The paper also explores the adjustments to fiat money which are …The paper is a study of the price level and relative price effects of a policy to monetize gold and fix its price at a … necessary to ensure that this type of gold monetization is non-inflationary. Finally, some conditions which produce a run on the …

The paper examines the evolving role of gold in the light of the current gold rush in India despite the worsening … that lead both the rich and the poor alike to the altar of gold. That is why India remains the largest importer and … financial crisis across the globe and aggressive inflationary conditions. Economically, gold is a lucrative investment that …

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

our problem allowing us to ask how old forms of money such as Gold and Silver hold up in today's world regarding their …The present work offers a review on two divergent schools of thought regarding the subject of money and highlights why … understanding it is important to grasp the workings and nature of the concept of money. We adopt a spontaneous order perspective on …