Overview
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.
- | Author: George Macesich
- | Publisher: Praeger
- | Publication Date: Aug 30, 1999
- | Number of Pages: 152 pages
- | Binding: Hardback or Cased Book
- | ISBN-10: 0275965724
- | ISBN-13: 9780275965723