The thing is there is not a clear way to have a market control the creation of n... | Hacker News

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		voodoomagicman on March 30, 2014 \| parent \| context \| favorite \| on: In Some Ways, It's Looking Like 1999 in the Stock ... The thing is there is not a clear way to have a market control the creation of new money - the choice is between central control of the money supply and a fixed money supply.

Tycho on March 30, 2014 [–]

I wouldn't say that - private banks create new money whenever they issue loans (ie. all the time).

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