Understanding the Modern Monetary System
52 Pages Posted: 6 Aug 2011 Last revised: 29 Jun 2023
Date Written: August 5, 2011
Abstract
This paper provides a broad understanding of the workings of the modern monetary system using a first principles approach to macroeconomics. The goal of this paper is to provide a framework for understanding modern money to help people better navigate and operate within the financial world and economy.
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
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