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. In modern capitalist economies, the currency is also a simple public monopoly. As long as money has existed, someone has … currencies, currency pegs, currency boards, dollarized nations, and monetary unions) to examine the available policy space in …
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The antecedent studies have designed new funding with the intellectual capital money (IKM) upon trading the intellectual capital (IK) to ensure unimpeded access to it and spur its generation and exploitation. This piece examines the static and dynamic behavior of IKM in an open economy. The...
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This paper discusses how monetary policy in Sweden has evolved since 1973. We provide a chronology of the different monetary policy regimes in place during the past fifty years and identify two main regimes, the pegged-but-adjustable exchange rate regime (1973 - 1992) and the inflation targeting...
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diversify the types of currencies and the agents who create them. The proposed ‘Trade Reference Currency' would be a global …, purely digital currency, fully backed by a standardized basket of the major commodities in world trade such as oil, copper … the currency. Because it fits the existing legislations on countertrade (international barter), it would not require any …
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paper money inflations -- 5. Characteristics of hyperinflations -- 6. Currency competition, inflation, Gresham's law and … exchange rate -- 7. Ending mild or moderate inflations -- 8. Currency reforms ending hyperinflations …
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