Money creation

“Shortages” do not cause inflation. The creation of money is. – Mihai Macovei

For central bankers and mainstream analysts, the recent spike in inflation is just a transitory phenomenon that has little or nothing to do with the massive monetary and fiscal stimuli unleashed during the pandemic. Although the Fed recently admitted that price pressures persist longer than expected, the spike in inflation …

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Excess demand and money creation leading to high inflation – main macroeconomic influencers

Some economists believe that government-imposed pandemic lockdowns and clean energy policies have both limited production and, as a result, exacerbated price hikes in advanced economies. Daniel Lacalle Daniel Lacalle, chief economist and head of investments at Tressis Gestión, shared an article about central banks wanting the world to believe the …

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RBA money creation to drive Australian rates up earlier, CBA says

By James Glynn SYDNEY – The deluge of fiscal stimulus measures rolled out by Canberra to mitigate the impact of the Covid-19 pandemic in Australia, could come with a sting in its tail as the central bank’s money creation that financed the spending of the government drives up inflation. Gareth …

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Reserve bank should curb money creation by commercial banks

Thursday July 15, 2021, 6:09 amPress release: Social Credit Social Credit described the action of the Reserve Bank to curb its purchases of government bonds from private banks as a sensible and responsible decision. At the same time, it must now curb the avalanche of money creation that has hit …

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Bitcoin boom fuels struggle for money creation

Receive free Bitcoin updates We will send you a MyFT Daily Summary email gathering the latest Bitcoin news every morning. If you’ve taken a college course in economics, you’ve probably learned a simple story about money. First, people were bartering. But the barter was difficult because it takes a “double …

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CREATION OF MONEY – NO INFLATIONARY PRESSURE FOR THE MOMENT – OFFICIAL CB

Money printing is carried out worldwide by economies to stimulate economic growth and in Sri Lanka this move has not resulted in inflationary pressure so far, although some have insisted that it would, a senior Central Bank (CBD) official said on the sidelines of the monetary policy press conference last …

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Switzerland will give its central bank a monopoly on money creation

The Swiss federal government confirmed on December 22 that it would hold a referendum to determine the authority of the country’s commercial bank in money creation. The government’s announcement followed a campaign by the Swiss sovereign money movement known as the Vollgeld Initiative which presented a successful petition signed by …

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Global production of gold and silver coins versus money creation

Gold mining stocks and GDX posted strong returns in 2020, with gold being one of the strongest and best performing assets in a very volatile year. But choosing gold stocks is not easy, as every company has a variety of individual projects and risks that are worth evaluating. This is …

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Purple House and MMT: the new money creation is real, it is not a “leftist” plot

A purple house, not a theory. Image by Alex Anstey It’s happening now, MMT. The Reserve Bank is making money. It should be called Modern Monetary Practice, not Modern Monetary Theory. In a speech last week, and questions after, central banker Guy Debelle explained it. Michael west reports on the …

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Money creation becomes nuclear | Investing.com

In most countries / regions, the growth rate of money supply bottomed out in 2019 and at the start of this year it was on a clear upward trend. Then came the ‘coronavirus crisis’, involving widespread economic lockdowns and unprecedented central bank money / credit creation designed to counter the …

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