Chartalism

Chartalism is a way to explain how national governments create and use money. Basically, the government creates money when it spends. The government then collects taxes with the money it creates. This way, the government can make sure that it has enough money to spend on things like roads, schools, and hospitals. Chartalism also explains how the government uses money to influence the economy, like putting money into banks to make more money available to people who need it.