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