Category:Req- Public trustee - ownership

See also the related requirement Req- Governance of central bank

Reflects the requirement acknowleged by Allyn Young "the bank is in a very real sense a public trustee, performing an important and necessary public function." [Money and Growth 1999] p. 276

[Money and Growth 1999]: Money and Growth: Selected papers of Allyn Abbott Young Edition: 1, Publisher: Routledge, Editor: Perry G Mehrling and Roger J Sandilands, ISBN: 0-415-19155-6
 * Closely related to requirement that decisionmaking be motivated by concern not for profits but by social and economic welfare considerations.