Banking on the People: Democratizing Money in the Digital Age
ISBN: 0998471917
EAN13: 9780998471914
Language: English
Pages: 426
Dimensions: 1.00" H x 9.00" L x 6.00" W
Weight: 1.00 lbs.
Format: Paperback

Banking on the People: Democratizing Money in the Digital Age

Book Overview
Today most money is created, not by governments, but by banks when they make loans. This book takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform the outmoded 19th-century system into one that is democratic, sustainable, and serves the needs of the 21st century.