Automatic Elastic Currency
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Book Overview
"Automatic Elastic Currency" explores the principles and mechanisms behind creating a monetary system that automatically adjusts to the economic needs of a nation. Authored by John Otho Yeiser, this book delves into the theoretical underpinnings of currency elasticity and its practical applications in stabilizing economies and fostering sustainable growth.
The book likely covers topics such as the relationship between currency supply and demand, the role of central banks, and the potential for automated systems to manage currency fluctuations. It presents an innovative approach to monetary policy, offering insights into how a more responsive and adaptive currency system could lead to greater economic resilience.
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