Public versus Private Sector Money Creation – Society Enhancing Monetary Reform

Public versus Private Sector Money Creation – Society Enhancing Monetary Reform Frank DixonWorld Academy of Art and ScienceCADMUS, Volume 4, Issue 4, June 2021 Nearly all money in the US, UK and many other countries is created by the private sector through lending. Private sector money creation provides many benefits, but also imposes large costs on society. Transitioning to public …