Sovereign Money System

Matt Lyons

Sovereign Money System

A ‘Sovereign Money System’ is a monetary system centred on the central bank, which holds on its own balance sheet the accounts from which the public make all of their non-cash payments. Under such a system commercial banks would be unable to create money.

For a full introduction to the Sovereign Money System proposal, please read our main article:
https://themoneyquestion.org/sovereign-money-system/

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