Creating New Money
by Joseph Huber, James Robertson
Publisher: New Economics Foundation 2000
Number of pages: 107
In the information age, money has mainly become information, electronically stored and transmitted. Monetary policies that serve the public interest can no longer be founded on a smoke-and-mirrors fiction that "real money" lurks behind the information. The authors propose a simple reform, and spell out its practicalities step-by-step. The economic, social and environmental arguments for it are very strong. The public purse, private households and businesses will all benefit from it.
Home page url
Download or read it online for free here:
by Philipp Bagus - Ludwig von Mises Institute
Professor Bagus explains the background to the idea of European unity and its heritage of sound money. He explains that the Euro is not what the older liberals had hoped for but instead is a politically managed money that is destined for failure.
- Federal Reserve
This booklet describes the basic process of money creation in a fractional reserve banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action.
by Ron Paul - Ludwig von Mises Institute
The book covers the history of gold in the US, explains that its breakdown was caused by governments, and explains the merit of having sound money: prices reflect market realities, government stays in check, and the people retain their freedom.
by Elgin Groseclose - University of Oklahoma Press
A survey of the history of money. This book makes abundantly clear that what we are experiencing today is the exact same situation that has been inflicted over and over again throughout history on the most advanced and powerful civilizations.