Since 2014
The dollar as an international money
PSL Quarterly Review
View Archive Info| Field | Value | |
| Title |
The dollar as an international money
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| Creator |
MELTZER, A.H.
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| Subject |
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Monetary theory, international monetary system, dollar, seigniorage E42 |
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| Description |
The paper attempts a brief restatement of some recent developments in monetary theory. The author then draws some conclusions for the international monetary system. The first of these is that a multiple-currency system is inferior to a two-currency system, so it is advantageous for Europeans to develop a single currency. Second, a two-currency system is inferior to a one-currency system. Finally, welfare is increased if the dollar is used as a medium of exchange. The problems of seigniorage and management are discussed briefly at the end.
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| Publisher |
Economia civile
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| Contributor |
—
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| Date |
2013-12-29
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11423
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| Source |
PSL Quarterly Review; Vol 26, No 104 (1973)
PSL Quarterly Review; Vol 26, No 104 (1973) 2037-3643 ISSN 2037-3635 |
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| Language |
eng
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| Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11423/11301
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| Rights |
Copyright (c) 2016 A.H. MELTZER
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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