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Competition and Currency

By: Lawrence H. White (Author)

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Ksh 5,450.00

Format: Paperback or Softback

ISBN-13: 9780814792476

Publisher: New York University Press

Publication Date: Feb 1st, 1992

Weight: 426 grams

Dimension: 15.30 x 22.80 x 2.40 cms

Category: Monetary economics

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Argues that open competition among private firms could provide a monetary system better than that currently provided by state monopolized central banks, indicating how monetary uncertainty is brought on by cycles of inflation and disinflation inherent in the system.

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