RETHINKING OF FINANCE STABILITY :

GOLD ,FIAT MONEY AND ANTI-CRYPTO MONEY POLICY PUZZLE IMPACT IN STABILITY OF INTERNAL VALUE

Authors

  • Suryaning Bawono Jember University, Indonesia
  • Silvi Asna Prestianawati Brawijaya University, Indonesia

DOI:

https://doi.org/10.32770/jbfem.vol215-22

Keywords:

internal value of money; transformation of money; crypto money

Abstract

We are attempting to review the stability of the internal exchange rates of paper money and gold and to examine the effects of the mysterious anti-crypto money policy. We used the ordinary least squares quantitative method to compare the resilience of the internal values of gold and USD against inflation and the charts to see the impact of anti-crypto money policy along with the resilience of gold and USD against the turbulence of internal exchange rate stability. When viewed from R-squared and Adjusted R-squared inflation can be said no significant effect on world crude oil prices with USD as a means of payment. So the world oil turbulence is influenced by another variable that is more significant than inflation. This paper has contribution to the government in monetary side to derive the digital money regulation in order to secure the digital transaction.

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Published

2019-03-02

How to Cite

Bawono, S., & Prestianawati, S. A. (2019). RETHINKING OF FINANCE STABILITY :: GOLD ,FIAT MONEY AND ANTI-CRYPTO MONEY POLICY PUZZLE IMPACT IN STABILITY OF INTERNAL VALUE. JBFEM, 2(1), 15-22. https://doi.org/10.32770/jbfem.vol215-22