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| Author/Contributor(s): |
Macesich, George
|
| Publisher: |
Praeger
|
| Date: |
08/30/1999
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| Binding: |
Hardcover
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| Condition: |
NEW
|
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.
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