Fiat Credit Money

... is our public money, it is created in our name, backed by our futures. So how come private banks get to create it ? source: Charles A. E. Goodhart, Professor Emeritus of Banking and Finance, London School of Economics 19 September 2011.  Foreword to Josh Ryan-Collins “Where Does Money Come From?” (p. 3). The New Economics Foundation. Kindle … Continue reading Fiat Credit Money