1.0Monnetahttps://monneta.org/en/Kathrin Latschhttps://monneta.org/en/author/kathrin-latsch/rich600338<blockquote class="wp-embedded-content" data-secret="9oDXDu4YBF"><a href="https://monneta.org/en/freebanking/">Freebanking</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://monneta.org/en/freebanking/embed/#?secret=9oDXDu4YBF" width="600" height="338" title="“Freebanking” — Monneta" data-secret="9oDXDu4YBF" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://monneta.org/wp-includes/js/wp-embed.min.js /* ]]> */ </script> States have had varying degrees of influence in different times and places over how banks create money. In some periods, money creation and the denomination of coins was left completely to the commercial banks. In such times when individual banks had the power to issue their own banknotes one speaks of “Free Banking”. The market […]