BROWSE

Paper Money

Definition

Paper Money is the second album by the American hard rock band Montrose. It was produced by Ted Templeman and is the band's final recording with original vocalist Sammy Hagar. It marks the arrival of new bass player Alan Fitzgerald, replacing original bassist Bill Church.

What is 'Paper Money'

A country's official, paper currency that is circulated for transaction-related purposes. The printing of paper money is typically regulated by a country's central bank/treasury in order to keep the flow of money in line with monetary policy. Paper money tends to be updated with new versions that contain security features that seek to make it more difficult for counterfeiters to create illegal copies.

Explaining 'Paper Money'

The first recorded use of paper money was believed to be in China during the 7th century A.D. as a means of reducing the need to carry heavy and cumbersome strings of metallic coins to conduct transactions. Similar to making a deposit at a modern bank, individuals would transfer their coins to a trustworthy party and then receive a note denoting how much money they had deposited. The note could then be redeemed for currency at a later date.


Further Reading


Money laundering and the international financial system
ideas.repec.org [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …

Inconvertible paper money, inflation and economic performance in early nineteenth century ArgentinaInconvertible paper money, inflation and economic performance in early nineteenth century Argentina
www.jstor.org [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …

When safe proved risky: Commercial paper during the financial crisis of 2007-2009When safe proved risky: Commercial paper during the financial crisis of 2007-2009
www.aeaweb.org [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …

Financial derivatives and the theory of moneyFinancial derivatives and the theory of money
www.tandfonline.com [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …

Commercial paper, corporate finance, and the business cycle: a microeconomic perspectiveCommercial paper, corporate finance, and the business cycle: a microeconomic perspective
www.sciencedirect.com [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …

Financial liberalization, money demand, and monetary policy in Asian countriesFinancial liberalization, money demand, and monetary policy in Asian countries
ideas.repec.org [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …

An empirical investigation between money supply government expenditure, output & prices: The Pakistan evidenceAn empirical investigation between money supply government expenditure, output & prices: The Pakistan evidence
papers.ssrn.com [PDF]
… This problem of international trade and foreign exchange under a regime of depreciated paper money has been … FW Taussig in an article which appeared in the Quarterly Journal of Economics, in May … verification of theory must be at- tempted in this field of economic inquiry as in …


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