Principles of Monetary System Transformation
Volodymyr Vysochansky ()
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Volodymyr Vysochansky: Uzhhorod University
Finance from Socionet
Abstract:
The paper considers theoretic reasoning of necessity and technological implementation of self-regulated monetary system based on commodity backed money. Transformational approach to conversion of the current monetary system model using modern exchange infrastructure and technologies in the USA is proposed.
Keywords: money; commodity units; exchange-traded fund; futures contracts; monetary system (search for similar items in EconPapers)
JEL-codes: E42 G1 G2 (search for similar items in EconPapers)
Pages: 16
Date: 2014-12-12
New Economics Papers: this item is included in nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:nos:wuwpfi:vysochansky_volodymyr.52267-121214_01
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