Understanding The Modern Monetary System
This paper can be downloaded or printed via PDF copy at the following link.
This paper provides a broad understanding of the workings of the modern fiat monetary system in the United States. The work is primarily descriptive in nature and takes an operational perspective of the modern fiat monetary system using the understandings of Monetary Realism.
The paper is broken down into 6 sections which I would recommend reading individually for ease of digestion and understanding. It might also be helpful to review the glossary for familiarity with some commonly used terminology.
Cullen Roche
Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, private advisory, institutional consulting and educational services.
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