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Ann Pettifor at the Just Banking conference on 20th April 2012 (with slides)

Ann Pettifor at the Just Banking conference on 20th April 2012 (with slides). www.justbanking.org.uk
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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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Eight men own the same amount of wealth as world’s poorest 3.6 billion people

Eight men own the same amount of wealth as world’s poorest 3.6 billion people | The Money Chronicle | Scoop.it
Tweet The world’s eight richest individuals have as much wealth as the 3.6 billion people who make up the poorest half of the world, according to the latest Oxfam report. The extreme levels of inequality we see today are not … Continue reading →
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Debunking the money multiplier myth and fractional reserve system lies.

Live with Ellis WInningham: Debunking the money multiplier myth and fractional reserve system lies. * MACROECONOMIC REALITY * MMT * Our weekly sho
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Just a quick note of what modern monetary theory IS and is NOT

Just a quick note of what modern monetary theory IS and is NOT. Short, quick, to the point. 7DIF by Warren Mosle
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There is no reason to surrender the creation of money to private banks (Guardian)

There is no reason to surrender the creation of money to private banks (Guardian) | The Money Chronicle | Scoop.it
Tweet At the moment, give or take a bit of quantitative easing, all money is conjured into existence by private banks, 85% of it as loans on existing residential property. It’s a recipe for unaffordable housing and unmanageable private debt, … Continue reading →
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2017, MMT University

Google The Web: Modern Monetary Theory (MMT) Bill Mitchell, Professor of Economics www.bilbo.economicoutlook.net/blog Twitter: @billy_blog "In Septembe
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MMT: Government Budgets Are NOT Like A... - Real Progressives | Facebook

MMT: Government Budgets Are NOT Like A... - Real Progressives | Facebook | The Money Chronicle | Scoop.it
Professor L. Randall Wray on how Modern Monetary Theory shows that the budget of a government that issues its own floating exchange-rate currenc
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Bill Mitchell: Demystifying Modern... - Real Progressives | Facebook

Bill Mitchell: Demystifying Modern... - Real Progressives | Facebook | The Money Chronicle | Scoop.it
Bill Mitchell: Demystifying Modern Monetary Theory
In a challenge to conventional views on modern monetary and fiscal policy, Professor Bill Mitchel
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Book | A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform

Get your free audiobook: http://eita.space/e/B001D22HAA At the close of the Second World War, when industrialized nations faced serious trade and financia
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Highlights: QE for People Conference at the European Parliament

Highlights: QE for People Conference at the European Parliament | The Money Chronicle | Scoop.it
According to panelists at the conference, QE for People is both possible and necessary in the eurozone.
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The perfect expression of the Big Lie

The perfect expression of the Big Lie | The Money Chronicle | Scoop.it
Twitter: @rodgermitchell; Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell ................................................................................................................................................................. This blog frequently refers to the "Big Lie," the lie that says our Monetarily Sovereign federal government uses taxes to pay its bills. Based on the Big Lie, politicians and others tell you the federal deficit and debt are "unsustainable," "dangerous," and a "ticking time bomb"…
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Modern Monetary Theory and European Macroeconomics — Журналы в PDF

Modern Monetary Theory and European Macroeconomics — Журналы в PDF | The Money Chronicle | Scoop.it
#Modern Monetary Theory and European Macroeconomics - https://t.co/gP80xhk8Cf https://t.co/1wKnii4mh4
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Social Credit Solutions

Social Credit Solutions | The Money Chronicle | Scoop.it
The rate at which costs and prices are built up in the course of production exceed the rate at which consumer purchasing power is distributed to consumers.
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American Monetary Institute Fall Conference 2016 Jim Wert Legislative Council of Congress

Nationalize The Federal Reserve, End Fractional Reserve Banking, Spend Money Into The Economy Debt Free and Without Taking It From Someone Else Via Taxes.
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Modern Money Theory with the expert

An introduction to MMT by me and my expert you can follow the following links for more information
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The Money Fix: A Documentary for Monetary Reform | Educational Documentary

Money is just information, a way we measure what we trade, nothing of value in itself. And we can make it ourselves, to work as a complement to conventiona
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Deficits do matter, but not how you think, economist says

Deficits do matter, but not how you think, economist says | The Money Chronicle | Scoop.it
Economist and modern monetary theorist Stephanie Kelton says massive government overspending is indeed a crucial issue. The kicker? She's for it.
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Ellen Brown: The EU's Goal Is Debt Slavery

Listen live every Wednesday from 5-7 PM EST US http://www.worldnewsradio.today Follow us on Twitter: https://twitter.com/BlackTowerRadio Like us o
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Modern Monetary Theory (MMT), Deficits,... - Real Progressives | Facebook

Modern Monetary Theory (MMT), Deficits,... - Real Progressives | Facebook | The Money Chronicle | Scoop.it
Modern Monetary Theory (MMT), Deficits, Full Employment & Price Stability:
Modern Monetary Theory (MMT) is both a description of how the moder
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The Cultural Inheritance OR Social Credit - Robert Klinck

The Cultural Inheritance OR Social Credit - Robert Klinck
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What Caused the Financial Crisis & Recession? | Positive Money

What Caused the Financial Crisis & Recession? | Positive Money | The Money Chronicle | Scoop.it
Tweet 1. Banks created too much money… Every time a bank makes a loan, new money is created. In the run up to the financial crisis, banks created huge sums of new money by making loans. In just 7 years, … Continue reading →
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Washington Secretly Behind Cash Ban In India

Washington Secretly Behind Cash Ban In India | The Money Chronicle | Scoop.it
The Obama administration were behind the recent ban on cash in India, which saw millions of citizens take to the streets in protest.
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Michael Hudson: How Private Debt Makes the Rich Richer

Originally Published on channel Klett-Cotta on Oct 17, 2016 How Private Debt Makes the Rich Richer Michael Hudson talks about the causes of inequality i
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Sovereign Money: An Introduction

Sovereign Money: An Introduction | The Money Chronicle | Scoop.it
Tweet It is based on the proposals outlined in Modernising Money (2013) by Andrew Jackson and Ben Dyson, which in turn builds on the work of Irving Fisher in the 1930s, James Robertson and Joseph Huber in Creating New Money … Continue reading →
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Income Inequality & the Causes of Poverty | Positive Money

Income Inequality & the Causes of Poverty | Positive Money | The Money Chronicle | Scoop.it
Tweet 1. The system distributes money from the bottom 90% to the top 10% Because 97% of the money in the UK is created by banks, someone must pay interest on nearly every poun
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