tag:blogger.com,1999:blog-4169740113013066976.post2526612766329385655..comments2024-02-10T12:12:06.028+00:00Comments on The Real Blog: The secret history of moneyDavid Boylehttp://www.blogger.com/profile/11410159311875228620noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4169740113013066976.post-64976661822286335962014-04-16T16:57:07.032+01:002014-04-16T16:57:07.032+01:00I agreed. So nice information.I agreed. So nice information.meet and greet parkinghttp://www.travelg.co.uknoreply@blogger.comtag:blogger.com,1999:blog-4169740113013066976.post-8638274149284466482014-04-10T14:03:06.568+01:002014-04-10T14:03:06.568+01:00I agree. It is called seignorage. But not sure t...I agree. It is called seignorage. But not sure that's the end of the discussion.David Boylehttps://www.blogger.com/profile/11410159311875228620noreply@blogger.comtag:blogger.com,1999:blog-4169740113013066976.post-38350543844907984382014-04-10T13:56:46.337+01:002014-04-10T13:56:46.337+01:00I think there is a confusion in this debate betwee...I think there is a confusion in this debate between on the one hand creating money in the sense described, as a debit and a credit; and on the other hand creating "net money" in some sense.<br /><br />Perhaps "net money" does not need to exist at all. The root of all evil can be abolished?<br /><br />I am being slightly flippant, but I recognise that many take the opposite moralistic stance, for reasons which have always seemed to me to be deeply confused; so I am offering an alternative.<br /><br />More seriously I suppose the question is whether the money creation process as described contains within it a hidden subsidy to the banking system. If so, can we quantify it, and adjust the bank levy accordingly.Joe Ottenhttps://www.blogger.com/profile/18380362092159905533noreply@blogger.com