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Principles of Monetary System Transformation

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  • Volodymyr Vysochansky

    (Uzhhorod University)

Abstract

The paper considers theoretic reasoning of necessity and technological implementation of self-regulated monetary system based on commodity backed money. Transformational approach to conversion of the current monetary system model using modern exchange infrastructure and technologies in the USA is proposed.

Suggested Citation

  • Volodymyr Vysochansky, 2014. "Principles of Monetary System Transformation," Finance vysochansky_volodymyr.522, Socionet.
    • Handle: RePEc:nos:wuwpfi:vysochansky_volodymyr.52267-121214_01
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    References listed on IDEAS

    as
    1. Laurent Deville, 2008. "Exchange Traded Funds: History, Trading, and Research," Springer Optimization and Its Applications, in: Constantin Zopounidis & Michael Doumpos & Panos M. Pardalos (ed.), Handbook of Financial Engineering, pages 67-98, Springer.
    2. Roger E. Backhouse & Steven G. Medema, 2009. "Retrospectives: On the Definition of Economics," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 221-233, Winter.
    3. James B. Bullard & Charles Hokayem, 2003. "Deflation, corrosive and otherwise," National Economic Trends, Federal Reserve Bank of St. Louis, issue Jul.
    4. repec:dau:papers:123456789/903 is not listed on IDEAS
    5. Laurent Deville, 2008. "Exchange Traded Funds: History, Trading and Research," Post-Print halshs-00162223, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    money; commodity units; exchange-traded fund; futures contracts; monetary system;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • G1 - Financial Economics - - General Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services

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