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EOM Ch. 14 How Exchange Systems Succeed or Fail

EOM Ch. 14 How Exchange Systems Succeed or Fail

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The End of Money and the Future of Civilization (2024 edition)

by Thomas H. Greco, Jr.

Chapter Fourteen: How Exchange Systems Succeed or Fail

Architecture of the Currency

Principle 1: Who Is Qualified to Issue Currency?

Principle 2: On What Basis Should Currency Be Issued?

Principle 3: How Much Currency May Be Issued?

Principle 4: How to Determine the Period of validity?

Implementation Strategies

The Situational Context

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