Economia
Concorrência monetária
Competition in Currency: The Potential for Private Money
by Thomas L. Hogan
Privately issued money can benefit consumers in many ways, particularly in the areas of value stability and product variety. Decentralized currency production can benefit consumers by reducing inflation and increasing economic stability. Unlike a central bank, competing private banks must attract customers by providing innovative products, restricting the quantity of notes issued, and limiting the riskiness of their investing activities. Although the Federal Reserve currently has a de facto monopoly on the provision of currency in the United States, this was not always the case. Throughout most of U.S. history, private banks issued their own banknotes as currency. This practice continues today in a few countries and could be reinstituted in the United States with minimal changes to the banking system.
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Precisamos Um Banco Central?
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Vídeo palestra do Larry White
What would it mean to "end the Fed"? Professor Larry White says that in order to know the effects of such a measure, we must first understand the role of "the Fed". The Federal Reserve is...
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Concorrência Monetária
Private Currency Competition Is The Monetary Answer
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Are Ron Paul's Competing Currencies the Answer...
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Guerra Cambial
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Laurence J. Kotlikoff
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out that the country has never defaulted on its
debt; that its debt-to-GDP (gross domestic product)
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Um outro sistema monetário é possível? (II)
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Nevada vs. the Federal Reserve?
Posted April 4, 2003
By Kelly Patricia O Meara
As Insight reports this week, there currently are 60 different...
Economia