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the claim
Governments can create money out of thin air.
the verdict
SUPPORTED
the evidence backs this
Recorded sources
2 sources for · 0 against
Is it true that governments can create money out of thin air?
Yes. One book on economics states plainly that governments can create money out of thin air, and a review essay discusses money creation as a bottom-up process, though it focuses on banks rather than governments.
Verdict: SUPPORTED · 2 sources for, 0 against · Last checked
Evidence for · 2
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Pettifor, A. (2014). Out of thin air: Why banks must be allowed to create money. doi.org. https://doi.org/10.1111/j.2050-5876.2014.00778.x
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More for · 1
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author, H. T. 1. (2014). The undercover economist strikes back : how to run - or ruin - an economy. archive.org. https://archive.org/details/undercovereconom0000harf_b0t1
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