Taking as an example recent Hungarian currency, it is concluded that the functions of coins and paper money are related to their daily use (trade and payment), but they can have some other dimensions and functions if proper solutions are found. In this way it is argued that these money forms have their future and raison d'être, thus they need to be further created and managed. Hungarian contemporary practice of money emission is given as a good example of various significant effects, primarily in the segment of non-fiscal revenues, based on innovation, artistic solutions and superb craftsmanship.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
10368.
Find related papers by JEL classification: E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates