New, Global, Capitalist Money

Dick Bryan and Michael Rafferty

Chapter 6 in Capitalism with Derivatives, 2006, pp 135-161 from Palgrave Macmillan

Abstract: Abstract Financial derivatives are not usually seen as money. Often, they are not seen at all, but when they are, they are simply classified as financial assets and liabilities, and often as objects of speculation, somehow outside of ‘money’. Presumably this is because money has become synonymous with nation-state money, and derivatives are certainly not that.

Keywords: Financial Asset; Future Contract; National Currency; Capital Control; Financial Derivative (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50154-6_6

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DOI: 10.1057/9780230501546_6

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