Modern Money Theory and Alternative Exchange Rate Regimes

L. Randall Wray

Chapter Chapter 6 in Modern Money Theory, 2024, pp 175-208 from Springer

Abstract: Abstract The previous discussions were quite general and apply to all countries that use a domestic currency. It does not matter whether these currencies are pegged to a foreign currency or to a precious metal, or whether they are freely floating—the principles are the same. In this chapter we will examine the implications of exchange regimes for our analysis.

Date: 2024
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Chapter: Modern Money Theory and Alternative Exchange Rate Regimes (2015)
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DOI: 10.1007/978-3-031-47884-0_6

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