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THE FUTURE OF PRICE STABILITY IN A FIAT MONEY WORLD
PRICE STABILITY FIAT MONEY WORLD economic restructuring—perestroika
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2008/12/3
Political and economic restructuring—perestroika—is sweeping the
world, Entire political systems are being restructured. Economic
restructuring is occurring at the country, industry, and firm levels...
THE EMERGENCE OF FIAT MONEY：A RECONSIDERATION
FIAT MONEY monetary economics rational agents trade
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2008/11/12
One of the fundamental questions in monetary economics is why
fiat money has value: Why do rational agents trade real resources for
intrinsically worthless pieces of paper? Monetary economists have
...