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Who Has the Ownership of Incremental Printed Paper Money?

  

  Second, governments and banks are stakeholders too.


  

  Maybe somebody will say, "If the government serves the people wholeheartedly and spends the abnormal profit on the welfare, it''s feasible that the ownership of incremental printed paper money belongs to the government." I think serving the people wholeheartedly is a kind of ideality and not possible in fact. If governments really want to serve the people wholeheartedly, they will bring the problem of the ownership of incremental printed paper money to the people to discuss. But governments don''t do it, act dumb for a long time, and use the indistinct words "issue", "ease monetary policy", "quantitative easing", "put into circulation", "capital injection", "overdraft" and so on to cover up the problem of the ownership of incremental printed paper money. It suggests that they don''t serve the people wholeheartedly. It''s impossible that governments and banks as a part of society don''t have their independent benefits and serve the people except themselves. So it''s not reasonable that the ownership of incremental printed paper money belongs to governments and banks.


  

  What''s more important is that governments and banks can get the ownership of a lot of incremental printed paper money easily and may seize the chance to corrupt, raise the pay and boon at will, provide luxury working conditions, squander, bribe and so on.


  

  Third, governments and banks are not almighty.


  

  Even if governments and banks are willing to serve the people wholeheartedly, not serve themselves, spend all the profit on public utilities and let nationals share the benefits of printing paper money increasingly impartially, they are unable to do them in fact, because governments and banks are not almighty, the decisions of governments and banks couldn''t be more fair, more scientific and more effective than the decisions of nationals. So giving the ownership of incremental printed paper money to governments and banks must lead to a part of nationals getting benefits, but the other part of nationals, even the majority of nationals suffering the consequence of inflation.



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