Answer:
The Credit-to-Credit Monetary System is a financial framework that issues money based on receivables and credit rather than traditional fiat currencies. It is significant because it aims to stabilize the value of money by reducing inflationary pressures and currency devaluation, promoting long-term economic stability and sustainable growth. This system aligns monetary policy with economic realities, helping to preserve the purchasing power of earned income.
Answer:
The Credit-to-Credit Monetary System is a financial framework that issues money based on receivables and credit rather than traditional fiat currencies. It is significant because it aims to stabilize the value of money by reducing inflationary pressures and currency devaluation, promoting long-term economic stability and sustainable growth. This system aligns monetary policy with economic realities, helping to preserve the purchasing power of earned income.