With Daniela Gabor, Professor of Economics & Micro-Finance, UWE.
Professor Gabor cut to the chase. The state must have more control or involvement in creating money. It can spend that money into existence or direct commercial banks towards the right type of investment. Unless this happens, governments are forced to turn to shadow banks.
Daniela wrote one of the most important pieces during the recent UK election campaign. Available here:
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See some of Daniela's work:
The (European) Derisking State: [ Ссылка ]
And link to all of her papers here:
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