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Understanding Money Mechanics

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Understanding Money Mechanics provides the intelligent layperson with a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States. Although the author considers himself an Austrian school economist, most of the material in this book is a neutral presentation of historical facts and an objective description of the mechanics of money creation in today’s world.

This book is intended to be a reference for all readers, whether “Austrian” or not, and to bridge the gap by providing a crash course in the necessary theory and history while keeping the discussion tethered to current events.

Understanding Money Mechanics covers numerous topics, including the classical gold standard, the Fed’s open market operations, changes in central bank policy since the coronavirus, the economics of Bitcoin, and a critique of Modern Monetary Theory (MMT).

ASIN ‏ : ‎ B09NMKNS7T
Publisher ‏ : ‎ Ludwig von Mises Institute
Accessibility ‏ : ‎ Learn more
Publication date ‏ : ‎ December 13, 2021
Language ‏ : ‎ English
File size ‏ : ‎ 9.6 MB
Simultaneous device usage ‏ : ‎ Unlimited
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Enabled
Print length ‏ : ‎ 214 pages
ISBN-13 ‏ : ‎ 978-1610167444
Page Flip ‏ : ‎ Enabled
Best Sellers Rank: #669,059 in Kindle Store (See Top 100 in Kindle Store) #160 in Money & Monetary Policy (Kindle Store) #289 in Money & Monetary Policy (Books)
Customer Reviews: 4.5 4.5 out of 5 stars 171 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when(‘A’, ‘ready’).execute(function(A) { if (dpAcrHasRegisteredArcLinkClickAction !== true) { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative( ‘acrLink-click-metrics’, ‘click’, { “allowLinkDefault”: true }, function (event) { if (window.ue) { ue.count(“acrLinkClickCount”, (ue.count(“acrLinkClickCount”) || 0) + 1); } } ); } }); P.when(‘A’, ‘cf’).execute(function(A) { A.declarative(‘acrStarsLink-click-metrics’, ‘click’, { “allowLinkDefault” : true }, function(event){ if(window.ue) { ue.count(“acrStarsLinkWithPopoverClickCount”, (ue.count(“acrStarsLinkWithPopoverClickCount”) || 0) + 1); } }); });

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