Currency in the Contemporary Power Order: Valuation, Issuance, and Responsibility

Nguyen Anh Quoc ()
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Nguyen Anh Quoc: VNU-USSH - Vietnam National University - Department of Linguistics - VNU - Vietnam National University [Hanoï]

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Abstract: Currency is increasingly directly involved in the distribution of resources, the valuation of labor, the organization of payments, and the establishment of access to living conditions. The power of issuance, fluctuations in purchasing power, and the position of the USD create asymmetries among individuals, institutions, and countries, placing currencies before the need for evaluation from a humanistic perspective. The paper clarifies the mechanism by which money moves from a medium of exchange to a source of pricing power, identifies the responsibilities associated with issuance monopolies, and analyzes asymmetry in the global monetary order. Research and application of humanities methodology, combining analysis, synthesis, logic, history, interpretation, induction, and conceptual criticism, and structuring arguments. The research material includes the thesis on money, norms, labor, property, law, state, and USD, as well as the restructured manuscript content. The results establish the boundary between price and human value, identify the issuing right as a public power that must be responsible for distribution, and determine monetary asymmetry through the difference between the issuer and the subject who must mobilize resources to access payment means. The conclusion presents life values, self-determination, transparency, and responsibility as standards for assessing the legitimacy of the monetary order.

Keywords: currency pricing power issuance monopoly monetary asymmetry institutional responsibility; currency; pricing power; issuance monopoly; monetary asymmetry; institutional responsibility (search for similar items in EconPapers)
Date: 2026-08-06
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