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Find all the economic and financial information on our Orishas Direct application to download on Play StoreEncrypted or not, currencies created by human communities with diverging interests are today in the midst of rivalries. Co-written by two economists, the book “The Future of Money” highlights the “i's”.
The economist Michel Aglietta and his colleague Natacha Valla explain in their book that currencies are not technological innovations, but social and political constructs, reflecting the consensus that human communities are forming, at a given time, to be able to count and exchange products, and store their value beyond the moment of their consumption.
The “currency war” marking the end of the dominance of the dollar, which authors fear the most, is highlighted by Michel Aglietta and Natacha Valla. To avoid it, they propose to return to the International Monetary Fund the function that its founding fathers, in 1945, assigned to it: to ensure global monetary stability, but this time by using its right to mint currency.
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