Political Economy of Money: Emerging Fiat Monetary Regime

By George Macesich

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.

• Format: Hardcover
• Language: English
• ISBN: 0275965724
• ISBN13: 9780275965723
• Release Date: August 1999
• Publisher: Praeger
• Length: 152 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.6" x 5.8" x 8.7"