Nigel Dodd, 2014, Princeton University Pres. Questions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile money and Bitcoin. Yet our understanding […]

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Money and Sustainability: The Missing Link From an outmoded money system to a monetary ecosystem. A Club of Rome report. It is usually said there is no alternative to our current monetary system – while it is quite clear that it is ailing, obsolete and completely unsuitable for overcoming the current crisis in the Euro […]

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There is widespread misunderstanding of how new money is created. Where Does Money Come From? examines the workings of the UK monetary system and concludes that the most useful description is that new money is created by commercial banks when they extend or create credit, either through making loans or buying existing assets. In creating […]

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