From gold money to fictitious money

ABSTRACT In the nineteenth century, money appear primarily as gold. In the twenty-first century, it appears as strictly fiduciary money. It is known that Marx said very clearly that the golden money was the effective basis of the monetary and credit system. Had the historical development finally sho...

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Bibliographic Details
Main Author: ELEUTÉRIO F. S. PRADO
Format: Article
Language:English
Published: Editora 34 2016-03-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000100014&lng=en&tlng=en