In Search of a Monetary Anchor : A "New" Monetary Standard.
This paper explores recent versions of older ideas for stabilizing the value of money based on an independently defined unit of account. The gold standard was such a system, but suffered from gold's fluctuating relative value and the costly need to redeem money for gold. This paper explores mon...
| Collectivité auteur: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1989/082 |
| Accès en ligne: | Full text available on IMF |