Bankernes Pengeskabelse I Danmark: Money creation by Danish banks

Anders Follend, Mads Haahr, Mustafa Hussein, Mustafa Ilhan & Rasmus Hviid

Studenteropgave: Semesterprojekt


This thesis investigates how the Danish monetary system works and furthermore if the system is able to ensure a stable economic development. A historical review of monetary history in England and Denmark leads up to a disclosure of how money is actually created under today’s system. The disclosure finds that private banks today are entitled to create money without any crucial restrictions. The thesis then disclosure the historical background of the idea of 100% Reserve Banking starting with Irving Fisher and the Chicago-plan in the 1930s leading up to the modern version of their proposal. This is followed by two analyses that investigate whether the current monetary system or the 100% Reserve banking system are capable of meeting the requirements that defines a stable economic development. Finally the thesis discuss which obstacles the protagonists of the 100% reserve banking systems are facing in order to vitalize their proposal on the political agenda. The thesis concludes that the current monetary system does ensure a stable economic development as it is based on a continuously increase of debt. The 100 % reserve bank would to a greater extent be able to secure a stable economic development but would also be attached with a couple of concerns as no system is flawless. Ultimately the thesis assesses that the key to placing the proposal on the political agenda is found through the way the problem is framed by its protagonists, and conversely its greatest obstacle consists of how the antagonists do the same.

UddannelserBasis - Samfundsvidenskabelig Bacheloruddannelse, (Bachelor uddannelse) Basis
Udgivelsesdato27 maj 2015
VejledereM. Azhar Hussain


  • Money creation
  • Pengeskabelse