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Political Economy of Money Emerging Fiat Monetary Regime

by George MacEsich

  • ISBN: 9780275965723
  • ISBN10: 0275965724

Political Economy of Money Emerging Fiat Monetary Regime

by George MacEsich

  • List Price: $105.00
  • Binding: Hardcover
  • Publisher: Greenwood Pub Group
  • Publish date: 08/01/1999
  • ISBN: 9780275965723
  • ISBN10: 0275965724
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Description: Since 1971, when the Bretton Woods gold exchange standard ended, the world has been on a fiat monetary regime, with various fiat currencies managed according to the discretion of the issuing country. Inherent in this regime is a basic problem_the ease with which the system lends itself to political manipulation. This study examines the emerging fiat regime in a world of nation states determined to preserve their sovereignty from erosion by the global economy and places this process in its economic, historical, and political perspective.
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