The Monetary and Banking Problem - Softcover

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9781332039739: The Monetary and Banking Problem

Synopsis

This thought-provoking book explores the nature of money and the challenges it poses to society. The author traces the evolution of money from its origins in barter to the complex monetary systems of today, examining the role of precious metals, paper currencies, and the evolution of banking institutions. The book also explores the relationship between money and the real economy, arguing that the value of money should be based on the actual production of goods and services, rather than on arbitrary or artificial standards like the value of gold. Timely and well-researched, this book provides a deeper understanding of the monetary system and its crucial significance in the modern world.

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