John Nash Jr.

John Nash Jr. (2011) - Ideal Money and the Motivation of Savings and Thrift

There are many things that can be said about the advantages, for a national state or for a "currency area", of there being a money (or "currency") in use there which is of higher quality (that is, being less subject to currency inflation or ideally exempt from this form of inflation (which derives, ultimately, from sovereign default)