The Money Chronicle
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'US, Wall Street causing economic crisis'‎ ~ Rodney Shakespeare ...

'US, Wall Street causing economic crisis'‎ ~ Rodney Shakespeare ... | The Money Chronicle | Scoop.it
From: Press TV 'US, Wall Street causing economic crisis'‎ Sun Jan 29, 2012 11:14AM GMT An interview with 'US, Wall Street causing economic crisis'‎ Sun Jan 29, 2012 11:14AM GMT An interview with Rodney Shakespeare, ...
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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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Create money for people, not financial markets – Campaign launch

Create money for people, not financial markets – Campaign launch | The Money Chronicle | Scoop.it
Tweet About forty Positive Money supporters gathered on Wednesday 17th August outside the Bank of England to launch a new campaign calling for an end to quantitative easing in favour of alternative monetary stimulus measures.
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MMT Policies Apply To Any Size Government

Warren Mosler discussing the difference between political decisions over the size of the government, and economic decisions over how the government shoul
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ProfSteveKeen

ProfSteveKeen | The Money Chronicle | Scoop.it
Alternative Economics is about redefining economic theory starting from the initial question of what economics toda
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I've just signed this petition: Create money for people, not financial markets!

I've just signed this petition: Create money for people, not financial markets! | The Money Chronicle | Scoop.it
The Bank of England has announced that it will create £70bn of new money through its quantitative easing programme.
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MMT: The Fed And The Treasury Can't Be Independent

Professor L. Randall Wray on how the Federal Reserve cannot operate independently of the US Treasury (and this is true for any other country's treasury and ...
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A Brief History Of Modern Money Theory

Professor L. Randall Wray giving a brief history of Modern Money Theory. See the whole video here: https://www.youtube.com/watch?v=-KRi9nF8BiA
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MMT: Taxes/Borrowing DO NOT "Pay For" Government Spending

Professor L. Randall Wray discussing government spending and taxation. From a point of logic, a government that issues its own currency must spend before i
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Prime Economics: “Academics and civil society clash on money”

Prime Economics: “Academics and civil society clash on money” | The Money Chronicle | Scoop.it
Tweet Geoff Tily has some interesting and balanced analysis on the academic debate around money reform, in particular the debate between Giuseppe Fontana and Malcolm Sawyer, and Positive Money, which is currently playing out in the Cambridge...
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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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Bond Economics: Book Review: Diagrams & Dollars

Bond Economics: Book Review: Diagrams & Dollars | The Money Chronicle | Scoop.it
Diagrams & Dollars: Modern Money Illustrated by J.D. Alt is a brief ebook that introduces the national accounts flow concepts used by Modern Monetary Theory (MMT).
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We won!! Modern Monetary Theory (MMT) got everything right...EVERYTHING!!

MMT correctly predicted the decline in interest rates following the S&P downgrade. It predicted that Quantitative Easing would not be hyperinflationary an
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American Monetary Institute- Abolish the Fed!!!!!

I give my endorsment for the American Monetary Institute and its policies. Thus far this seems to be the most practial means of transforming our debt base
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Martin Wolf, Financial Times: Stop banks from creating money (Positive Money)

Economy For Channel Special Analysis. Martin Wolf, Chief Economics Commentator of Financial Times speaks at the event Does Money Grow on Trees? at the hal
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Positive Money Campaign Launch - “QE isn’t working” Outside Bank of England

Positive Money Campaign Launch - “QE isn’t working” Outside Bank of England | The Money Chronicle | Scoop.it
Alternative Economics is about redefining economic theory starting from the initial question of what economics toda
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Richard Eastman on Social Credit. Usury and deflation cause defaults.

We suffer from too few FRN's(deflation) not too many(inflation). Prices are increasing due to engineered scarcity of control commodities, fear and speculation.
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MMT: A Job Guarantee Would Bring Unemployment to Zero

Professor Pavlina Tcherneva (Bard College) discusses the Job Guarantee, a policy proposal of Modern Money Theory. A Job Guarantee would bring unemploymen
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Why Don't Economists And Politicians Get MMT?

Professor L. Randall Wray discussing why what Modern Money Theory has to say is more obvious to normal people than it is to economists. See the whole vide
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MMT: A Gold Standard Or Fixed Exchange Rate Reduces Domestic Policy Space

Professor L. Randall Wray on why a fixed exchange rate regime (such as a gold standard) reduces domestic policy space. This is because the government mus
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Rothschild Plot To Crash African Nation’s Economy Revealed

Rothschild Plot To Crash African Nation’s Economy Revealed | The Money Chronicle | Scoop.it
A Wikileaks cable reveals that the Rothschilds plotted a billion dollar money laundering scheme in Africa that deliberately crashed the nation's economy.
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Economics can learn a lot from other sciences, says Steve Keen, Steve Keen, HARDtalk - BBC World News

Economics can learn a lot from other sciences, says Steve Keen, Steve Keen, HARDtalk - BBC World News | The Money Chronicle | Scoop.it
Afghanistan’s Ambassador to Pakistan Zakhilwal says there is "distrust" between states.
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Will encouraging people to get into more debt do the trick? (LBC radio)

Will encouraging people to get into more debt do the trick? (LBC radio) | The Money Chronicle | Scoop.it
Tweet “The Bank of England is relying on the same failed policies that we’ve seen in the last seven years – low interest rates and quantitative easing – which can only work by encouraging more private sector borrowing.
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MMT: Won't We End Up Like Greece?!

Professor Stephanie Kelton (UMKC and economic advisor to Bernie Sanders) on why a nation with a sovereign floating exchange rate currency can always mak
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