Public versus Private Sector Money Creation: Society Enhancing Monetary Reform

Nearly all money in the US, UK and many other countries is created by the private sector through lending. Private sector money creation provides many benefits, but also imposes large costs on society. Transitioning to public sector money creation can provide equal or better inflation control, econom...

Full description

Bibliographic Details
Main Author: Frank Dixon
Format: Article
Language:English
Published: Risk Institute, Trieste- Geneva 2021-06-01
Series:Cadmus
Online Access:https://cadmusjournal.org/article/volume-4/issue-4/enhancing-monetary-reform