Sovereign governments have the power to create money. Policies can be enacted to address public debt and deficits, as well as distributional unfairness. What are the consequences for sovereign nations of giving up their constitutional right to print their own money? Article by Jesper Jespersen
Tag Archives: debt
What is Money?
As part of our Rethinking Finance publication, Rohan Grey explores what money is. He says its hard to define, because the term ‘money’ can refer to different things in different contexts.