Giuseppe Ugo Rescigno

The Money and the State

  • Abstract

Informations and abstract

Keywords: State; Money; Globalization; Creditors and Debtors; Contradiction between State and Economy.

There is a great asymmetry between State and Money. The State rules (it is the monopolist of military power), but it rules only in its own territory; money (intended as purchasing power) has no boundary and in economic matters it is capable of ruling also on the States forcing them to defend the creditors vs the debtors. Hence, an increasing contradiction emerges between State and economy and, consequently, among the States themselves.

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