Monetary policy

Vitrina 169
Monetary authorities decide on the quantity and quality of money put into circulation and about its withdrawal as legal tender by demonetizations. Their margin for these actions increased in the first half of the twentieth century when fiduciary-only systems were imposed, consisting of pieces with no intrinsic value.

Vitrina 169

  • Vitrina 169
  • Vitrina 169
  • Vitrina 169
  • Vitrina 169

pieces

  • Maryland. 1 dòlar. 1767.
  • Segona República Espanyola. 1 pesseta. Madrid. 1933.
  • Caricatura que mostra al general Gortschakoff recollint paper moneda rus. Cap al 1852.
  • Kelse. Unitat. La Carència (Turís, València). Segle II aC.
  • As. Lepida-Celsa. 44-35 aC Carlet (Valencia).
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