... on the creation of new money. Banks issue new money as credit. We have to “borrow” new money into existence. We connive, condone and contribute to the creation of new money on a bypass of the ... Government the sole right to create new money. The Government can create money as the banks now do, and record its existence as a computer entry. The Government can thenuse the new money by ... its cost. The discipline imposed by the group in the process of creating new money is very strict. With the new money created as it is spent, in the same instant of time, so that the money only...