Friede Gard Prize Workshop 01 Fiat And Credit Money

A sound accounting view of credit and fiat money creation dispels numerous myths about money, government debt, and deficits

This YouTube video builds a model of a mixed fiat-credit economy in about 30 minutes. If you’d like to follow along, download Minsky from https://sourceforge.net/projects/minsky/ and install it as you watch the video.