How is money created? Big Money Questions explains

How is money created?

It masquerades as such a simple question, but it’s one that befuddles MPs, even economists and so many of us who happily use the stuff every day.

In this latest episode of the Big Money Questions, two experts break down how it is created, how much of it there is and whether there’s a different way of making it that would make us all a bit wealthier.

As the Bank of England contemplates whether to turn on the printing presses and spew out even more of the stuff to keep the economy moving, is the way money is created due a bit of an overhaul?

Guests Felix Martin, macroeconomist, fund manager and author of Money: the Unauthorised Biography, and Fran Boait, executive director of Positive Money, join presenter Rachel Rickard Straus.