D Orrell The Money Bomb

David Orrell  Quantum Economics (excerpt) -  Ch5  The Money Bomb  ... Fairy dustAs described theoretically in textbooks such as Mankiw’s , fractional reserve banking apportions most of the job of creating money from the sovereign to the private banking system , but the central bank is still firmly in control . However , Soddy’s warnings … Continue reading D Orrell The Money Bomb