Economic Surgery: Money Value Transfer and Storage
DOI: 10.4236/oalib.1102454
Subject Areas:
Development Economics
Keywords: Economic Surgery , Borrowing , Debt , Money Value Transfer and Storage , Money Velocity and Foreign Currency
Abstract
This paper is an attempt to create a system that could help minimize the
rate of borrowing by developing nations through a system known as MVTS. MVTS is
a system that is similar to the Gold Standard. It seeks to apply the Gold
Standard system in a currency form that transfers and stores the value of
foreign currency of high value into a created domestic currency of low value so
that money value of created domestic currency can be boosted through its
conversion to a foreign currency of high value. In this paper three issues are
being focused on which are, money value transfer and storage, tackling any
possible threat posed by MVTS and benefits of MVTS.
Cite this paper
Agukwe, F. C. (2016). Economic Surgery: Money Value Transfer and Storage. Open Access Library Journal , 3, e2454. doi: http://dx.doi.org/10.4236/oalib.1102454 .
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