Ever since the abolishment of the gold standard, it became clear that the value and stability of fiat money can be hurt by inflation and other factors, including loose monetary and fiscal policy, bad management practices and gross institutional decay. Arguably, the future of money is closely tied to the future of political institutions. The state and central banks will continuously seek to play a crucial role in creating and regulating money.
Continue Reading on Coin Telegraph
Source: Cryptocurrency - investing.com
