Understanding the Modern Monetary System
45 Pages Posted: 6 Aug 2011 Last revised: 8 Jul 2015
Date Written: August 5, 2011
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
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