Monetary Systems & Managed Economies
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Description: Essays and explanations. Origins and theories of money. Outline of the Federal Reserve System.
MONETARY SYSTEMS AND MANAGED ECONOMIES Monetary Systems and Managed Economies standard for measuring market value . These definitions are not always equivalent. For instance, some countries have had a gold bullion standard (gold in bars or ingots) while the medium of exchange was silver coins & paper currency — valued in relation to gold. In Borneo, human skulls were the standard, but pigs & palm nuts (valued in skulls) were the medium of exchange. European financial markets denominated the value of stocks, bonds and other financial instruments in
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| Page title: | MONETARY SYSTEMS AND MANAGED ECONOMIES |
| Keywords: | austrian theory economics monetary gold IMF currency standard devaluation FOMC new Keynes interest fed federal reserve central bank production capital money discount rate /> <meta name= |
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| Date | Creation Date: 07-jan-1997 Expiration Date: 06-jan-2018 |