2 ms·
The thing is there is not a clear way to have a market control the creation of new money - the choice is between central control of the money supply and a fixed
by voodoomagicman 13y ago
The thing is there is not a clear way to have a market control the creation of new money - the choice is between central control of the money supply and a fixed money supply.
- Tycho 13y agoI wouldn't say that - private banks create new money whenever they issue loans (ie. all the time).