Credit money, fiat money, and currency pyramids: Reflections on the financial crisis and sovereign debt
This on-line version is the pre-copyedited, preprint version. The published version can be found here: ‘Credit money, fiat money and currency pyramids: reflections on financial crisis and sovereign debt’, in G. Harcourt and J. Pixley, eds, Financial Crises and the Nature of Capitalist Money, Basingstoke: Palgrave-Macmillan, 248-72, 2013. This is the final draft of a…