money as debt paul grignon
Why governments to borrow from private banks, with interest instead of creating their own interests?
From the excellent film Paul Grignon, "Money As Debt" The government borrows money from private banks through the issuance bonds / gilts purchased the Free Market and the rest bought by the Fed / BOE created with money from thin air. This inflates the mass money that the government invest the proceeds in the company at the expense of interest because the central bank policy. The government could establish the amount raised by the sale of the Fed / BOE by creating the money itself, while the interest burden on taxpayers. The inflationary effect money supply is the same, then why did you decide to do this?
Perhaps that is more of a psychological strategy the Other thing. Nobody wants to hear that the government is printing money. This weakens public confidence in the currency and may scare away foreign investors. Whichever method you choose, you increase the money supply anyway, and make open market operations no ill effect confidence investors.
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NEW! Money As Debt - DVD-ROM (2006) by Paul Grignon
$29.99 |
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Money As Debt
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