Jurisprudential analysis of the creation of private bank money from the perspective of justice and injustice

Abstract

Although in jurisprudential works, the creation of bank money has been examined from the point of view of titles such as the return of wealth to falsehood, etc., but considering the large volume of money creation of private banks in new economies and its wide-ranging effects on the category of justice, the jurisprudential evaluation of creation of the money of private banks is necessary from the point of view of justice and oppression. The main question is, by what means, the creation of private banks' money is considered oppression, and is the oppression of these funds acceptable from a jurisprudential point of view? The current research, which was carried out with the descriptive-analytical method and the collection of library data, shows that according to the balance sheet analysis, the creation of money of private banks is subject to the rule of sanctity of cruelty in two ways: 1. Generating huge income. Private banks from the place of royalties resulting from money creation with the support of the central bank, 2. Gross losses in the purchasing power of money holders in the assumption of extensive money creation by private banks. Finally, according to these results, the proposal to remove the power of money creation from private banks was proposed.

Keywords

• creation of money
• private bank
• legal rule of justice
• credit money
• oppression