The Role of Gold in the Digital Age
Adam Banai,
Pál Kolozsi and
Sandor Ladanyi (ladanyis@mnb.hu)
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Sandor Ladanyi: Magyar Nemzeti Bank
Financial and Economic Review, 2021, vol. 20, issue 3, 138-146.
Abstract:
This article follows the change and evolution of the role of gold in the modern economy. It points out the current resurgence of its reserve asset function and the reasons for this, including, in particular, the centuries-old trust in it and its credit-riskfree nature at a time when the FinTech revolution is challenging both the legitimacy of the forms of money we know at present, and the role of the state.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:mnb:finrev:v:20:y:2021:i:3:p:138-146.
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