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Understanding the Modern Monetary SystemCullen O. RocheOrcam Financial Group, LLC August 5, 2011 Abstract: This paper provides a broad understanding of the workings of the modern fiat monetary system in the United States. The work is primarily descriptive in nature and takes an operational perspective of the modern fiat monetary system using the understandings of Monetary Realism.
Number of Pages in PDF File: 40 working papers seriesDate posted: August 6, 2011 ; Last revised: April 1, 2013Suggested CitationContact Information
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