The future of banking (Flash Ensayo)

Miguel A. Fernández Ordóñez
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A reflection on the fragile banking sector nowadays and the possibility of progressing towards a system of public and safe money, issued by the Central Bank.

Miguel A. Fernández Ordóñez introduces his text with a quote from Mervyn King, former governor of the Bank of England: «Among all ways of organizing the banking system, the one that we have today is the worst.»

Ordóñez shares his opinion and he proposes a radical change within the banking system: a Central Bank which would be the only one authorized to create money. His reform would allow families and companies to deposit their …

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10/2018

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1.49 €

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