Post
Topic
Board Economics
Re: An Honest Introduction to Money
by
username18333
on 18/05/2015, 02:22:27 UTC
Not sure how G.E. works, but I would love to have a system where anyone can issue money and the markets decide which monies survive.

The G.E. government certifies coins as "Great Empire Coin (GEC)" through a network that allows one to spend more coins than they hold. This is the G.E. government's equivalent of empowering a central bank to purchase more bonds than the bank's preexisting cash holdings would permit.