Talk:Monetization/Archives/2015
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This is an archive of past discussions about Monetization. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page. |
Outdated/unreal opening lines
"It usually refers to the coining of currency or the printing of banknotes by central banks." - this is at least a decade out of date. These days monetisation is by far most commonly used in reference to turning websites and projects that lack revenue into profitable ventures.
monetizing debt infra..
Quote : "In many countries the government has assigned exclusive power to issue or print its national currency to a central bank [...] The government must pay with currency already in circulation, or else finance deficits by issuing new bonds, and selling them to the public or to their central bank to acquire the necessary money."
If I may ask, what would be the point of the government paying for new currency issues with existing currency, as suggested here as an alternative to issuing debt ?? Paying money with money ? How would that amount to a monetization of anything ?
In other words, why present an alternative here, when it seems to me the only actual way to emit new currency is for the government to issue new debt?
From then on, can we say that creating money is paramount to creating debt ? — Preceding unsigned comment added by 14.205.12.82 (talk) 09:27, 28 September 2011 (UTC)
- The statement is equivalent to stating that when the responsibility to print money is exclusively ascribed to the central bank, the government has only two ways of paying for its spending. It may either pay with currency (obtained from taxes or other sources of revenues), or by issuing debt. In cases where an independent central bank has complete authority over money creation the Federal Government cannot "create new currency". It can only "create debt".
- Creation of money is an entirely separate process from this. (130.74.123.143 (talk) 18:19, 4 September 2012 (UTC))