How governments create money

Primary Author or Creator:
Richard Murphy
Publisher:
Scottish Currency Group
Alternative Published Date
2021
Category:
Type of Resource:
Video
Length (Pages, words, minutes etc...)
7:20 ins
Fast Facts

Governments create money through the power of taxation.

More details

"what money is and how banks create it, but the government can also create money, and does. So it's important to understand how they do that, and why in the process they give money its value."

English