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Ripped From the Headlines: History
A guide to understanding the wider context behind stories in the news.
Money and banking in antebellum America offered a glaring example of free-market capitalism run amok--unregulated, exuberant, and heading pell-mell toward the next "panic" of burst bubbles and hard times. In Other People's Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency.
From International Journal of Business & Economics Perspectives
Money has been used since ancient times as a way of obtaining goods and services. In modern times, money is produced by nations which have a monopoly on its issuance. Most modern systems include a treasury and a banking system headed by a central bank which attempts to provide stability and guard against inflation. Crytpo currencies work entirely outside and independent of this type of system.
In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.
A new edition of a detailed, scholarly analysis of the development and role of money in many of the world's nations from ancient to modern times.
Bitcoin Civil War
The Bitcoin civil war refers to the idea that differing factions within the cryto currency community have differing ideas about how the currency should move forward. This disagreement has resulted in a "hard fork," which splits the blockchain and creates new currencies.