Home  Journals  National Interests: Priorities and Security  38(227) - 2013 October

Analysis of modern concept of monetary and credit sector of economy

Available online: 24 October 2013

Subject Heading: ECONOMIC DEVELOPMENT STRATEGY

JEL Classification: 

In the article the modern understanding of the main ideas of creation of monetary and credit system is presented. Monetary circulations, functioning of a banking system, financial crises from a position of influence on living of people are analyzed. The conclusion is drawn that the monetary and credit system which has got into all spheres of private and public life, negatively influences mankind evolution. The hypothesis of creation of the social and economic relations without use of money on condition of transformation of consciousness and behavior of people are offered.

Keywords: currency, inflation, the banking system, the financial crisis, global governance

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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