A New Approach to Monetary Theory and Policy: A Monetary Theory of Value
This paper seeks to establish whether the Malaysian ringgit, as a fiat currency, satisfies the store of value function of money. Since the collapse of the gold standard, the migration of the medium of exchange from a commodity standard to fiat money backed by debt, has not only resulted in a signi...
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| Main Author: | |
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| Format: | Article |
| Language: | English English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://eprints.unisza.edu.my/4318/1/FH02-FPPP-14-00712.pdf http://eprints.unisza.edu.my/4318/2/FH02-FESP-15-02669.jpg http://eprints.unisza.edu.my/4318/ |
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