“The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity.” Abraham Lincoln (1865)
8.1 Where does money come from?
Almost all new money is issued into national economies as credit via the 500 year old fractional reserve system (UK Parliament, 1931 [...]
Posts tagged money supply
Seventh Policy Switch: Local and Cent...
“The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity.” Abraham Lincoln (1865)
8.1 Where does money come from?
Almost all new money is issued into national economies as credit via the 500 year old fractional reserve system (UK Parliament, 1931 [...]
