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About this Book:
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Describes money, paper fiat money, gold and silver money, and commercial money (real bills doctrine). Discusses constitutional money. Compares today’s fiat monetary system with the classical gold and silver standard. Discusses centralized banking, decentralized banking, and fractional reserve banking Discusses various reforms that have been suggested for the monetary and banking system. Gives a brief history of money and banking in the United States. Gives recommendations for reconstructing the monetary and banking system. Pro gold and silver money; anti fiat money.
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