The Bad Economics Behind Monopoly

by | Oct 26, 2016

The Bad Economics Behind Monopoly

by | Oct 26, 2016

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Understanding Money and Inflation in Today’s World

Understanding Money and Inflation in Today’s World

Leaving aside the events that made the current monetary system possible, banknotes that are printed monopolistically (currency) by central banks have purchasing power and serve as a general medium of exchange (money) for billions of people around the world. Such...

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