An Application of Property Rights Theory to the Dynamics of Power between the State and the Individual within Fiat Monetary Policy
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| Dokumentumtípus: | Diplomadolgozat |
| Kulcsszavak: | .NET Framework 2008-as válság 3D nyomtatás fiatal vállalkozók monetáris politika money tulajdonjog |
| Online Access: | http://dolgozattar.uni-bge.hu/41724 |
| Kivonat: | In spite of the substantial amount of critical work that has been produced on the US dollar as the global reserve currency, lack of alternatives to the market for a different currency is still abound. The alternatives like the Chinese Renminbi or Euro as global currencies are muddy due to their coincidences of wants. The majority of the recent critical work on the subject are focused on alternative "assets" that are not mediums of currency in practice. This dissertation conducts a study by blending the theory of quality of money and the theory of private property, and the theory of impossibility of socialism to investigate the critical junctions of the current fiat money system to find a path-dependency. Within that path-dependency this thesis argues that the critical juncture of adoption of cryptocurrencies already started in 2020. |
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