Posts Tagged ‘Central banking’

Central banking, state capitalism, and the future of the monetary system

by Ann Pettifor.

The role of commercial and central banks in the process of providing credit may seem to be clearly understood by economists, bankers, and policymakers. But there are common misunderstandings about money creation, equilibrium, public money, central banks, and interest rates. The outlook for the global monetary system is not overly optimistic in the absence of […]

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