Concept information
Término preferido
money and banking
Definición
- Throughout history, the state has typically monopolized the issuance of money. The various royal mints were once the exclusive sources of silver and gold coins, whereas today the national central banks alone are empowered to issue fiat currency. [Source: The Encyclopedia of Libertarianism; Money and Banking]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-TKZH2Q6G-Q
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