Follow Us

Follow us on Twitter  Follow us on LinkedIn
 
02 December 2025

Project Syndicate's Pistor: Creative Destruction Should Not Spare Commercial Banks

Money is an enigma. But if there is one thing we know for sure, it is that money begets money. The best way to make more of it is to control the money-making machine, as traditional banks have done for centuries. By creating credit money denominated in official currency out of thin air, commercial...

To view the rest of this article, click here.