17 Jan 2019 | Dutch Scientific Council for Government Policy publishes report on private credit money creation and the role of the state.
The Dutch Scientific Council for Government Policy (Wetenschappelijke Raad vor het Regeringsbeleid) has published its report ‘Money and debt: The public role of banks’ (Geld en Schuld. De Publieke Rol van Banken). The council discusses how money creation works, why money and debt are closely linked, what the most important problems are and which solutions are possible. The report features the shadow money approach and the theory of private credit money accommodation. Read more (in Dutch)…
