A Comparative Study on Fiat vs. Gold
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Wednesday, February 26, 2014

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2.7.3    Price Stability Price Stability Inflation would not occur to the same scale as it does if a nation adopted the Gold Standard. One need not look further than the price of gold as a commodity over the last few years. This is a symptom of people losing confidence in Fiat currencies...
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2.7.2    Usury & Fiat Money Fiat Money Central banks perform various actions to encourage borrowing and investment especially when markets are in recession. These include increasing the money supply in circulation and also by setting a very low interest rate which is then a basis for...
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2.7     Maneuverability Problems with the Gold Standard 2.7.1    Inability to influence the Business cycle Influence the Business cycle The business cycle is considered by most mainstream capitalist schools of thought to be integral to the functioning of a free market....
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2.2     Money Money is the standard by which we measure the benefit found in the commodity and in the effort i.e. goods and services. Therefore, money is defined as being the medium by which all goods and services are measured. Hence the price of a commodity and the wage of a...
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         1.1          Purpose of the Study The main purpose of the study is to understand the theories and practices of Macroeconomics for acquiring in-depth knowledge on Economics. 1.2            Scope...
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Chapter - 1: Introduction                                                                              ...

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