Private Banks: Creating Money Out of Thin Air

Bramhall, Stuart Jeanne
Date Written:  2016-06-25
Publisher:  Dissident Voice
Year Published:  2016
Resource Type:  Article
Cx Number:  CX19586

In his book The Joy of Tax: How a Fair Tax System Can Create a Better Society, Richard Murphy, UK Tax Justice Network co-founder, offers a radically pioneering approach to tax and fiscal policy. Murphy is one of the first economists to link tax policy to the 400- year-old reality that nearly all money is created by private banks out of thin air.

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