Debt-based Economy: The Intricate Dance of Money and Debt

  • Kariappa Bheemaiah


In this chapter, we will cover the concept of fractional banking, the current system used in the production of money, which is the operating system of monetary economics. This will provide us with a clear view of how debt and the financialization of assets are leveraged by commercial banks to create the bedrock of modern capitalism.


Monetary Policy Central Bank Systemic Risk Commercial Bank Hedge Fund 
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Copyright information

© Kariappa Bheemaiah  2017

Authors and Affiliations

  • Kariappa Bheemaiah
    • 1
  1. 1.ParisFrance

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