A monetary system is a set of policy tools and institutions through which a government provides money and controls the money supply in an economy.
Read more about Monetary System: Commodity Money System, Fiat Money
Famous quotes containing the words monetary and/or system:
“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
—Ezra Pound (1885–1972)
“Authority is the spiritual dimension of power because it depends upon faith in a system of meaning that decrees the necessity of the hierarchical order and so provides for the unity of imperative control.”
—Shoshana Zuboff (b. 1951)