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  • 标题:The Economic Power of Money Creation
  • 本地全文:下载
  • 作者:Randa I. Sharafeddine ; Randa I. Sharafeddine
  • 期刊名称:Microeconomics and Macroeconomics
  • 印刷版ISSN:2168-457X
  • 电子版ISSN:2168-4588
  • 出版年度:2015
  • 卷号:3
  • 期号:3
  • 页码:67-81
  • DOI:10.5923/j.m2economics.20150303.03
  • 语种:English
  • 出版社:Scientific & Academic Publishing Co.
  • 摘要:This article is about our monetary and financial system. The main objectives would be the end of expansion and recession periods, through a better economic stability; a fairer distribution of the income resulting from money creation; and the building of a more reliable global financial system. This article explores the possibility for a Central Bank to finance the State's investments at zero interest rate 0%, like was the case when they had this right. This study will show that this model is viable, and would allow the collectivity to pay back the public debt and lower the taxes at the same time.
  • 关键词:Monetary Creation; Central Bank; Public Debt; Treaty of Maastricht; Currency Principle and Banking Principle; Economic Stability
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