MonetarySeries Introductory Article 1 of 4: The Return of Monetarism
The white paper for MonetaryCoin
The Monetary Protocol employs blockchain technology to bring new life to an important economic school of thought called Monetarism. How? The MonetaryCoin Series. The revival reminds me of Jurassic Park wherein scientists retrieve DNA trapped in amber to breed creatures that last walked the earth hundreds of millions of years ago. Although MonetaryCoin will not pick up a jeep with huge jaws or aggressively hunt Jeff Goldblum, it may yet still possess broad appeal. By making currency inexpensive to securely and reliably distribute, Satoshi Nakamoto, mysterious creator of Bitcoin, inadvertently enabled Milton Friedmans economic theory to escape the park, so to speak.
The Monetary Protocol White Paper opens with three quotations from three leading authorities on macroeconomics. In this article we discuss the quotations and how they relate to the coin. For more, read on...
https://medium.com/monetary-protocol/monetarycoin-the-return-of-monetarism-8cfc85a4eea9