Leading thinker on the creation of 'Money'
Long interview, at the close of the interview discusses policies leading to inflationary / hyperinflationary outcomes since 2020
Papers
Can banks individually create money out of nothing? — The theories and the empirical evidence
"As I prepare to meet with my colleagues from around the world this week at the IMF and World Bank Spring Meetings, I find myself thinking back to the policymakers who gathered in Bretton Woods a year before I was born to define our post-war order. Though it was a different time, I empathize with the enormous weight they faced; the pressure to come together after a global catastrophe in building an enduring and interconnected system aimed at promoting peace and prosperity throughout the world. Our current juncture is no less significant—what we do in the coming months and years will have profound impacts on the trajectory of our country and on the global economic order."
https://home.treasury.gov/news/press-releases/jy0101
