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)
“Loving feels lonely in a violent world,
irrelevant to people burning like last year’s weed
with bellies distended, with fish throats agape
and flesh melting down to glue.
We can no longer shut out the screaming
That leaks through the ventilation system ...”
—Marge Piercy (b. 1936)