Some Physics Notions on Monetary Standard
General Finance
2018-01-18 v4 Physics and Society
Abstract
Regardless of the gold-standard being considered as outdated, it provides valuable signs concerning the development of novel monetary standards, better adjusted to the current macroeconomic environment. By using a point of view of classical physics, the intent of this work is doing a review of the concept of monetary standard and show that the energy matrix of an economy together with a new monetary standard, based on the energy supply capacity, can play an essential role in the sustainable growth.
Cite
@article{arxiv.1712.00001,
title = {Some Physics Notions on Monetary Standard},
author = {Tiago Fernandes},
journal= {arXiv preprint arXiv:1712.00001},
year = {2018}
}
Comments
9 pages, no figures