Currency System
A Currency System is an economic system composed of a currency and currency-based transactions.
- Context:
- It can range from being a Stable Currency System to being a Failed Currency System (e.g. a currency sell-off)
- It can range from being a Global Currency System to being a Regional Currency System.
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- Example(s):
- U.S. Dollar Currency System (for a U.S. dollar currency).
- Euro Currency System (for an Euro currency).
- a bitcoin Currency System (for a bitcoin currency).
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- Counter-Example(s):
- See: Financial System, Foreign Currency Reserve, Emerging Market Currency, Currency War, Bank Run.