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Basic Concepts in Currency, Credit, and Exchange

Thomas H. Greco
Цб CD 297

Детайли

Източник
Complementary Currency Systems Bridging Communities : Proceedings of 6th Biennial RAMICS Congress, 27-29 October, 2022, University of National and World Economy, Sofia, Bulgaria
Издателство
Monetary and Economic Research Center /MRC/
Местоиздаване
Sofia
Година на издаване
2023
Страници
179-181
Класификационен индекс
УДК Тематика
336.74 Пари. Валута. Евро
Ключови думи
credit, currency, honest money, liquidity, monetary myths, monetization, reciprocal exchange, sound principles
Отрасъл
Общ отдел
Анотация
There remains today, even among economists and “experts,” a general lack of understanding about the essential nature of money, currency and credit, and sound principles of their creation and management. This paper provides a point-by-point summary of fundamental concepts and basic principles of exchange, it outlines the systemic defects and destructive nature of the dominant political, central banking, interest-based, debt-money system, and describes the ways in which honest and effective exchange media can be created on a decentralized basis outside of the banking system and in lieu of political money. A wider understanding of these points will hopefully lead to the widespread creation of honest exchange mechanisms and the devolution of financial, economic, and political power that can change the course of civilization from self-destruction toward peace and harmony.
Системен №
107456
Тематични рубрики
Финанси. Данъци. Митническо дело. Банково дело

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