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The Money Chronicle
Issues dealing with money reform and changes to our monetary system
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▶ Money creation in the modern economy - Quarterly Bulletin article - YouTube

For the Bulletin article on money creation, see: www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf Film...
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“Most money in the modern economy is in the form of bank deposits, which are created by commercial banks themselves…  When a bank makes a loan to one of its customers it simply credits the customer’s account with a higher deposit balance. At that instant, new money is created…”

 

the relationship between reserves and loans typically operates in the reverse way to that described in some economics textbooks. Banks first decide how much to lend depending on the profitable lending opportunities available to them…It is these lending decisions that determine how many bank deposits are created by the banking system. The amount of bank deposits in turn influences how much central bank money banks want to hold in reserve (to meet withdrawals by the public, make payments to other banks, or meet regulatory liquidity requirements), which is then, in normal times, supplied on demand by the Bank of England

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Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse | CollapseNet

Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse | CollapseNet | The Money Chronicle | Scoop.it
  Off the World News Desk: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse You’re likely thinking that a disc...
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Bank Robbery: Banks and the Money Supply - Positive Money

Bank Robbery: Banks and the Money Supply - Positive Money | The Money Chronicle | Scoop.it
Tweet Chapter 1 ‘If it ain’t broke, don’t fix it.’ Sensible advice, especially when it comes to tinkering with the money supply: with laws about how money is made, how we get it, how we spend it.
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Webster! Full Episode September 28, 1979

Copyright: BC Archives, Credit: Jack Webster and BCTV Webster interviews Premier Bill Bennett. Reviewing governance by the Social Credit Party during its first ...
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#023 Stephanie Kelton - Fiscal Cliffs and Inflation Shocks

To Donate Click Here: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=CM23PFP9E5YYA Interview Date: 12th January 2013 You can ...
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Odious Debts

Odious Debts | The Money Chronicle | Scoop.it
Europe Tilts East Towards China (2/2), TRNN, March 22, 2015.
SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome back to The Real News Network. I’m Sharmini Peries, coming to you from Baltimore.
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The Money Fix - A Documentary For Monetary Reform + CC/Subtitles

I created this video with the YouTube Video Editor (http://www.youtube.com/editor)
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MPs demand police inquiry as lender fined £21m for duping regulator

MPs demand police inquiry as lender fined £21m for duping regulator | The Money Chronicle | Scoop.it
Rogue staff at Clydesdale and Yorkshire Banks misled the Financial Ombudsman - deliberately obstructing its investigation into payment protection insurance complaints.
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Iceland’s initiative could spark worldwide monetary reform!

Iceland’s initiative could spark worldwide monetary reform! | The Money Chronicle | Scoop.it
Basically the Government would create the country’s money supply, interest and debt free, and spend it into the economy.
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Capitalism’s Defender Unknowingly Indicts the Banksters

Capitalism’s Defender Unknowingly Indicts the Banksters
By William K.
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Sovereign Money Creation - Questions & Answers, Ben Dyson (Positive Money Conference 2014)

Ben Dyson, Founder of Positive Money, speaking at the Positive Money 2014 conference. He recapped how the nature of money has changed since the Bank ...
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Banking 101 - Misconceptions around Banking (1 / 6)

See the evidence: http://www.positivemoney.org/how-money-works/banking-101-video-course/misconceptions-around-banking-banking-101-part-1/ There's a ...
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Iceland’s initiative could spark worldwide monetary reform!

Iceland’s initiative could spark worldwide monetary reform! | The Money Chronicle | Scoop.it
The Icelandic government is to consider setting up a sovereign money system. What is it and what are its implications for Iceland and for others who follow suit?
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Talk Radio Live at 11 Becuz... MMT Talk!

Talk Radio Live at 11 Becuz... MMT Talk! | The Money Chronicle | Scoop.it
Grab your notebook! Class is in session. bunnygirl60 aka Arliss Bunny joins us at 11:30 ET talking about her take on economics and modern monetary theory that we call Bunnynomics .
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Hon. Paul Hellyer On The Single Biggest Issue Facing The World Today

"Monetary Reform Is the single biggest issue that Canada (and the world) faces today. We must make immediate changes now, or suffer the consequences in ...
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Steven Hail's presentation on modern money and the "budget emergency". - YouTube

Steven Hail describes why the budget emergency is untrue, and provides insights into modern monetary theory and the possibility of a "job guarantee."
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Institutional Discontent

Institutional Discontent | The Money Chronicle | Scoop.it
Europe Tilts East Towards China (1/2) Michael Hudson Report: Britain, German, France and Italy are among those who joined Asian Infrastructure Investment Bank in an expression of their discontent over World Bank polices that force developing...
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Positive Money Saturday Market Stall - Cambridge - Positive Money

Positive Money Saturday Market Stall - Cambridge - Positive Money | The Money Chronicle | Scoop.it
Tweet We will be running a market stall to publicise Positive Money and its objectives.  Hopefully members will volunteer to help run the stall for parts of the day.
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Former Deputy Secretary of the U.S. Treasury Department Endorses Modern Monetary Theory (MMT)

Former Deputy Secretary of the U.S. Treasury Department Endorses Modern Monetary Theory (MMT) | The Money Chronicle | Scoop.it
Three months ago, Frank Newman sent me a book entitled Freedom From National Debt. I finally got around to reading it — all 89 pages. It’s a little book, packed with evidence that America is being ...
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Power Follows Property

Power Follows Property | The Money Chronicle | Scoop.it
In The American Republic (1866), Orestes Augustus Brownson (1803-1876) framed the Civil War as a struggle between the agrarian capitalism of the South, and the industrial and commercial capitalism of the North, which he characterized as “two...
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Keep It Simple And Complex, Stupid

My last post supporting the use of nonlinear models (“You Do Need A Weatherman”) generated some thoughtful responses, mainly along the lines of this post by Ari Andricopoulos entitled “A View on the Economic Model Debate from a Non-economist (but...
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NEP’s Randy Wray’s interview in el Diario

NEP’s Randy Wray’s interview in el Diario | The Money Chronicle | Scoop.it
NEP’s Randy Wray’s interview in el Diario
For our Spanish speaking friends… Randy has an interview in the Spanish publication el Diario where he is talking about employment guarantee programs. You can view it here.
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Ben Dyson -- Positive Money: A Simple Solution to the Debt Crisis

Have you ever wondered why there's so much debt? Or why the experts and authorities seem completely unable to solve the current debt crisis? Well the reason ...
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Finance Capital and Debt Through the Ages — Karl Fitzgerald interviews Michael Hudson

Finance Capital and Debt Through the Ages — Karl Fitzgerald interviews Michael Hudson | The Money Chronicle | Scoop.it
Transcript of podcast:
Karl: Welcome to the Renegade Economists with your host, Karl Fitzgerald. This week we’re stepping back in time, way back some 10,000 years BC into the world of archaeology, Egyptology and Assyriology.
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