Post-Newtonian Monetarism
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Description
" In summary, in theory - there are two sorts of viable money -
1) money that's required to be valuable in itself, independent of users: it must go anywhere, so issue controlled by central authorities
2) money whose value lies in the performance of its acceptors: it just goes around, doesn't leave its community of origin, and can be issued by any who are credible in the community" (http://openmoney.org/dmf/theory.html)
More Information
Fuller explanation at http://openmoney.org/dmf/theory.html