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Date: 2024-06-13 Page is: DBtxt003.php L0300-Currency


A listing of files associated with Currency

Basic observation
Currency, or money is a store of value and a medium of exchange.
Prevailing response
Currency may be a medium of exchange, but it is a very poor store of value. Even the “best” currencies have lost relative to tangible assets over the past years, and, if anything it is getting worse.
A better response
Currency needs to be integrated much better into the metrics of relief and development, and the behavior of currency taken into consideration in the analysis of socio-economic progress. The risk associated with exchange rate changes needs also to be integrated into RDS analysis.

The end of the Keynesian era
With Russia-like tax reforms and world gold standard system, the post-Keynesian era will be a time of great prosperity.

Open file 1907

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