A debt-based monetary system is a monetary system where coins, tokens or paper money that represent claims on individuals or institutions are used as the primary form of money in an economy. This form of money is called "debt-based" as debt is created alongside the creation of money.

See also

This article uses material from the Wikipedia article Debt-based monetary system, that was deleted or is being discussed for deletion, which is released under the Creative Commons Attribution-ShareAlike 3.0 Unported License.
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