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NEP Stands with Correntewire

NEP Stands with Correntewire | The Money Chronicle | Scoop.it
NEP Stands with CorrentewireBy Stephanie Kelton Our friend Lambert Strether is having a fundraiser and we at NEP want to support him the way he supported us more than three years ago.
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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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Survey confirms: People have no idea about how money is created

Survey confirms: People have no idea about how money is created | The Money Chronicle | Scoop.it
Tweet Interesting news from our sister organisation MoMo in Switzerland: The survey results from a master’s thesis from the Institute of Finance and Banking at Zurich University confirm that Swiss people have no idea about how Swiss...
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Monetary policy risks provoking political backlash, campaign group tells MPs

Monetary policy risks provoking political backlash, campaign group tells MPs | The Money Chronicle | Scoop.it
Monetary policy risks provoking political backlash, campaign group tells MPs
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Debate on Quantitative Easing in UK Parliament (Video)

Debate on Quantitative Easing in UK Parliament (Video) | The Money Chronicle | Scoop.it
Tweet An important debate took place in the UK Parliament on Thursday 15th September 2016. The House of Commons debated for the first time since the new £70bn Quantitative Easing programme began last month.
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Being Libertarian: Modern Monetary Theory: "MMT actually offers the most libertarian alternatives regarding interest rate management and government bonds: let the overnight rate go wherever market ...

Being Libertarian: Modern Monetary Theory: "MMT actually offers the most libertarian alternatives regarding interest rate management and government bonds: let the overnight rate go wherever market ... | The Money Chronicle | Scoop.it
reddit: the front page of the internet
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American Monetary Association EP 39 Capital & Crisis with Chris Mayer, Former Banking Insider

Jason Hartman talks with Chris Mayer who is managing editor of the Capital and Crisis and Mayer’s Special Situations newsletters. He also is a contributo
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Joe Thauberger on Monetary Reform Part 1

Joe Thauberger on Monetary Reform Part 1 The Problems of all Nations Under the heel of International Bankers and What Should be Done About It, at a Smal
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MMT: A Job Guarantee Promotes Full Employment AND Price Stability

Professor Pavlina Tcherneva discussing the macroeconomic effects of a Job Guarantee policy. A Job Guarantee would be a voluntary offer of employment t
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What Is A Deficit Owl?

Professor Stephanie Kelton (former Chair of Economics at the University of Missouri-Kansas City, and economic advisor to Bernie Sanders) explains the ter
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Modern Monetary Theory (MMT), Deficits, Full Employment & Price Stability

Modern Monetary Theory (MMT) is both a description of how the modern fiat based monetary system works and a prescription for running the economy at its ful
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WikiLeaks Cables Reveal USA Signed Death Warrant For Assad

WikiLeaks Cables Reveal USA Signed Death Warrant For Assad | The Money Chronicle | Scoop.it
WikiLeaks cables show that the USA secretly signed President Assad's death warrant in 2009 after he rejected the Qatar pipeline.
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Secrets, Ignorance and Lies: Money, Credit and Debt

Secrets, Ignorance and Lies: Money, Credit and Debt | The Money Chronicle | Scoop.it
Tweet   “The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814   Chapter 7 (You can read previous chapters here) Our system of money-creation was invented and developed ...
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What is Modern Monetary Theory and will it help? - The AIM Network

What is Modern Monetary Theory and will it help? - The AIM Network | The Money Chronicle | Scoop.it
By Ken Wolff Modern Monetary Theory (MMT) is a macroeconomic theory for the current age in which governments have abandoned the gold standard and also floated their currencies.
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Money that works for people and planet – Ben Dyson (Video)

Money that works for people and planet – Ben Dyson (Video) | The Money Chronicle | Scoop.it
Tweet Ben Dyson, Founder of Positive Money talks about why is our monetary system broken and how it can be fixed at the Economy, People and Planet Conference 2014 arranged by the Danish organization Omstilling Nu (Transition Now), held at …...
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Positive Money

Greenwich & Lewisham - The Reformation of Banking

Wednesday, Sep 14, 2016, 7:00 PM

The Prince of Greenwich
72 Royal Hill, Greenwich, SE10 8RT London, GB

6 Members Went

Ivo Mosley is now working on the final chapter of his book 'Bank Robbery' and will outline his target proposals for reform. He is hoping for some difficult questions to test how far these can be pushed. As a background, Ivo has set his target as a complete reform of the 'legal capture' that allows governments to create assets for the rich at the ex...

Check out this Meetup →

Ivo Mosley is now working on the final chapter of his book 'Bank Robbery' and will outline his target proposals for reform.
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American Monetary Association EP 31 - Moody’s John Stapleford on Ethics and Public Policy (2)

No, the above title is not a typo. According this week’s Creating Wealth Show guest, John Stapleford, it is possible for ethics and public policy to have
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Positive Money - from Lone Voice to Mainstream

http://www.positivemoney.org/ We've been arguing for two and half years that the financial crisis was caused by banks being able to create money; and w
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Columbia Economist Dr. Jeffrey Sachs speaks candidly on monetary reform [Full version speech]

www.LostOutputClock.com -- Since 2008, the United States has missed out on over $4 trillion in National Income from unemployed workers and capital due t
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Where Did the Federal Reserve Get All that Money?

Where Did the Federal Reserve Get All that Money? | The Money Chronicle | Scoop.it
The Fed creates $ with keystrokes. Fed is Gov's bank. So, why do politicians claim we've "run out of money?"
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Canadian social credit movement

The Canadian social credit movement is a Canadian political movement originally based on the Social Credit theory of Major C.H.Douglas.Its supporters wer
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Stephanie Kelton History of Modern Monetary Theory (MMT)

If you don't understand the intricacies of Modern Money, You won't understand Macro Economics, Finance, Investing or Social Stability. Join me on faceboo
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Media Grossly Downplaying the Depths of the Wells Fargo Scandal

Former financial regulator Bill Black says media coverage has falsely portrayed Wells Fargo's image as untarnished by previous financial fraud and ignore
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Innocent Frauds - The Center of the Universe

Innocent Frauds - The Center of the Universe | The Money Chronicle | Scoop.it
The 7 Deadly Innocent Frauds of Economic Policy Introduction The term ‘innocent fraud’ was introduced by Professor John Kenneth Galbraith in ‘The Economics of Innocent Fraud’, which was the last book he wrote before he died.
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Paolo Barnard - Explains Modern Monetary Theory | The Money Chronicle

Paolo Barnard - Explains Modern Monetary Theory | The Money Chronicle | The Money Chronicle | Scoop.it
Marco Marchese interviews Paolo Barnard, Jun 4, 2012 This video is created with the YouTube Video Editor For the Full Interview Visit | The Money Chronicle
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