Understanding the Modern Monetary System

Roche, Cullen O.

doi:10.2139/ssrn.1905625

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Understanding the Modern Monetary System

45 Pages Posted: 6 Aug 2011 Last revised: 8 Jul 2015

Cullen O. Roche

Orcam Financial Group

Date Written: August 5, 2011

Abstract

This paper provides a general understanding of the workings of the modern fiat monetary system in the United States within the context of the global economy. The work is primarily descriptive in nature and takes an operational perspective of the monetary system using the understandings of Monetary Realism.

Suggested Citation: Suggested Citation

Roche, Cullen O., Understanding the Modern Monetary System (August 5, 2011). Available at SSRN: https://ssrn.com/abstract=1905625 or http://dx.doi.org/10.2139/ssrn.1905625