100%货币的理由：将货币发行与银行业务分离的十大理由

IF 1 Q3 ECONOMICS ECONOMIC AFFAIRS Pub Date : 2024-03-07 DOI:10.1111/ecaf.12614

Samuel Demeulemeester

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引用次数: 0

摘要

100%货币 "提案的目的是通过要求交易账户中100%的准备金，将货币创造与银行业务分离开来。届时，公共货币机构将成为支付手段的唯一发行者，而银行则将作为真正的中介机构，用预先存在的货币为贷款提供资金。本文以欧文-费雪等 20 世纪 30 年代经济学家的著作为基础，提出了支持这一改革建议的十个论点--认为它尤其可以防止货币存量的累积变化、促进货币控制、减少政府对银行业的干预、改善公共财政以及使货币创造更加中性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The case for 100% money: Ten reasons for separating money issuance from banking

The ‘100% money’ proposal aims at divorcing the creation of money from banking, by requiring 100% reserves on transaction accounts. The public monetary authority would then be the sole issuer of means of payment, while the banks would function as true intermediaries, financing loans with pre-existing money. This article, building on the works of 1930s economists such as Irving Fisher, presents ten arguments in favour of this reform proposal — arguing that it would, in particular, prevent cumulative variations in the money stock, facilitate monetary control, reduce government intervention in banking, improve public finances, and make money creation more neutral.

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来源期刊

ECONOMIC AFFAIRS ECONOMICS-

CiteScore

1.40

自引率

14.30%

发文量

期刊介绍： Economic Affairs is a journal for those interested in the application of economic principles to practical affairs. It aims to stimulate debate on economic and social problems by asking its authors, while analysing complex issues, to make their analysis and conclusions accessible to a wide audience. Each issue has a theme on which the main articles focus, providing a succinct and up-to-date review of a particular field of applied economics. Themes in 2008 included: New Perspectives on the Economics and Politics of Ageing, Housing for the Poor: the Role of Government, The Economic Analysis of Institutions, and Healthcare: State Failure. Academics are also invited to submit additional articles on subjects related to the coverage of the journal. There is section of double blind refereed articles and a section for shorter pieces that are reviewed by our Editorial Board (Economic Viewpoints). Please contact the editor for full submission details for both sections.