Could Bank-Issued Money Be Based on Equity Rather Than Debt? | InFi #110
Dr. Robert P. Murphy
AUDIO
Could Bank-Issued Money Be Based on Equity Rather Than Debt? | InFi #110
InFi: The Future of Finance
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Prompted by discussions with a client, Murphy first explains the sense in which our banks issued debt-based money. Then he explores whether it would work to use equity instead.