X-Nico

unusual facts about monetary system



Commission on Money and Credit

A national Commission on Money and Credit (CMC) was established November 21, 1957, by Donald K. David, Chairman of the Committee for Economic Development (CED) to make the first extensive investigation of the U.S. monetary system since the Aldrich Commission of 1908-1911.


see also

Benjamin Heath Malkin

Thomas also invented an imaginary country called Allestone, including details of its history, geography and monetary system, and an elaborate (for a five-year-old) map.

Bretton Woods

The Bretton Woods system, the international monetary system created at the 1944 Bretton Woods Conference

Modern Monetary Theory

Constantina Katsari has argued that principles from both metallism and chartalism were reflected in the monetary system introduced by Augustus, which was used in the eastern provinces of Roman Empire, from the early 1st century to the late 3rd century AD.

Petrodollar recycling

Johan Witteveen, the Managing Director of the IMF, said in 1974, "the international monetary system is facing its most difficult period since the 1930s."