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Private money: everything old is new again

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  • Barbara A. Good

Abstract

For more than 200 years, private money systems have operated in the United States, solving problems similar to those confronting innovative electronic money systems. The high-tech newcomers may be able to benefit from the experience of the low-tech veterans.

Suggested Citation

  • Barbara A. Good, 1998. "Private money: everything old is new again," Economic Commentary, Federal Reserve Bank of Cleveland, issue Apr.
    • Handle: RePEc:fip:fedcec:y:1998:i:apr1
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    Cited by:

    1. Yuksel Gormez & Christopher Houghton Budd, 2004. "Electronic Money Free Banking and Some Implications for Central Banking," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 4(1), pages 67-105.
    2. George J. Mailath & Andrew Postlewaite & Larry Samuelson, 2016. "Buying Locally," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(4), pages 1179-1200, November.

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    Keywords

    Money;

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