مصنوعی تخلیقِ زر، تحقیقی و تنقیدی جائزہ

A Research and Critical Review of Artificial Money Creation

Abstract

Money plays a fundamental and crucial role in any economic system. It is an extremely important part of our economic system. Money refers to that commodity which is accepted as a medium of exchange for goods and services, and no one can refuse to accept it. In ancient times, various commodities were used as currency, among them metals like gold and silver gained more popularity and remained in use as a medium of exchange for thousands of years. After that, a period came when instead of metals, the use of paper currency became prevalent, and to this day, paper currency is more popular and accepted worldwide. It is essential to understand the role of banks in creating artificial money, how it increases the supply of money, and what negative effects it has on the economy and nations. The current money system is entirely deceitful and deceptive, benefiting only a few individuals, while most developing countries and nations around the world are burdened by this artificial system. This article clarifies how money is being created in the modern era, who has the authority to create it, and what impact it has on our lives and financial system.