The Socialist Myth of the Greedy Banker: Why Private Banks Cannot Create Money by Iakovos Alhadeff

The Socialist Myth of the Greedy Banker: Why Private Banks Cannot Create Money

byIakovos Alhadeff

Kobo ebook | March 1, 2014

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In this essay I explain why private banks cannot create inflationary money, and therefore are not responsible for the current economic crisis. Creating inflationary money is always the privilege of governments and their central banks. I adopt a common sense approach for the general reader with no economic knowledge.

Title:The Socialist Myth of the Greedy Banker: Why Private Banks Cannot Create MoneyFormat:Kobo ebookPublished:March 1, 2014Publisher:Iakovos AlhadeffLanguage:English

The following ISBNs are associated with this title:

ISBN:9990044210248

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