“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
Tweet Today, Tuesday 26th May 2015, campaigners and politicians will deliver a 12,000-strong petition urging the Prime Minister to change the way in which money is created, so that it serves the public interest. A group including Green Party leader...
Recently — over the past couple of centuries or so — the idea has grown up that ownership of capital is justified on the grounds that it is the best way to optimize the possibility of an adequate and secure income. As a bonus, property (the right...
The Express Tribune The Iceland plan for monetary reform The Express Tribune Along time ago, Ibn Khaldoon noted the tendency of conquered nations to unthinkingly imitate the conquerors in all dimensions of life.
Iceland Monetary Reform Half-Right The Market Oracle Patrick Barron writes: The prime minister of Iceland recently commissioned a report by Frosti Sigurjonsson to recommend a better money and banking system for Iceland.
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.