Tag: system

Central Banks, Financial System and the Creation of Money (and Deficit)

In the market economy, the financial system gives money from the positive savers (i.e. depositors) to the negative savers (i.e. people with shortage of funds which need loans to buy property etc.). Furthermore, the financial systems facilitate non-cash payments. from individuals or legal entities. The financial system has by law a monopoly of services. Only

Aiming for a Greener Financial System

In the year 2015, being a person who likes to stay abreast of the various political and economic activities, I was often confused with the term ‘Green Finance’. Moreover, the excessive use of this term in G20 pushed me to learn more about it and provide an understanding to you as well. Green finance can