The Nature of Money in Modern Economy – Implications and Consequences

توضیح

This paper discusses the great importance of the monetary question, and
briefly examines some of the dominant erroneous concepts of money and their
effects upon societies. It also points and links to the great progress currently being
made by researchers in this field, so readers can examine them more fully. It
presents very brief summaries of what some of the important new papers do. It also
aims at helping instructors in outlining a reading curriculum to assist in a long
overdue understanding of money power. Finally, the paper presents a money and
banking system proposal which has evolved since the Great Depression of the
1930s, and is now ready for implementation and has even been introduced as
potential legislation into the United States Congress.