... issued currency land banks financial crisis 2007–8 shadow banking sector money economic orthodoxy legal institution John Locke fiscal value cash premium unit of account free-minting tax anticipation bank issued money capitalism Money has long played a central role in the character...

... to this approach, money is created when people advance in-kind value to the stakeholder of a group in return for a unit that represents that contribution. The stakeholder approach explains how a unit of account both entails material value as a fiscal credit and carries a cash premium for users. It suggests...