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The book explores the transition to a fiat monetary regime since the end of the Bretton Woods gold exchange standard in 1971, highlighting the vulnerability of fiat currencies to political manipulation. It delves into the challenges faced by nation-states striving to maintain their sovereignty amidst the pressures of the global economy. By placing this phenomenon within an economic, historical, and political context, the study provides a comprehensive analysis of the implications of fiat currency systems on national autonomy and governance.
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Political Economy of Money, George Macesich
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- 1999
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