Understanding Money Mechanics

Acknowledgements

I would like to thank Bill McKivor (of The Copper Corner) for his permission to reproduce photos of privately-minted coins and tokens, as well as his generous time in advising me on the topic. George Selgin introduced me to Mr. McKivor and provided guidance on the mechanics of the US gold standard. Joe Salerno also provided numerous recommendations of readings on the gold standard’s theory and history. Finally, I would like to thank Scott Sumner for helpful feedback on an initial draft of my critique of Market Monetarism.

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