Money "Creation": Let there be money?
If the financial crisis shows anything, it's that what's happening on Wall Street matters to Main Street, and that we should never take "it's too complicated for you to understand" as an answer. In the new issue of Sojourners, Bob Goudzwaard's A Paper God breaks down for us how the speculation economy of Wall Street got way out of hand, becoming a false god that warps the real economy.
Here's another key idea that you can't afford to not understand: money "creation." It turns out that this idea