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Obama Admin. Fails to Prosecute Banking Fraud to 'Save the System'

James S. Henry commenting on PBS documentary "The Untouchables": If one of these institutions was indicted and made an example of, it would have a profound a...
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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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Newspaper headlines: Banks' 'massive scale criminality' - BBC News

Newspaper headlines: Banks' 'massive scale criminality' - BBC News | The Money Chronicle | Scoop.it
The huge fine for fixing trading markets, the national rail strike, and a crackdown on illegal immigration are three subjects for Thursday's front pages.
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Money and Sovereignty - How money works #1

For IOU clarification: https://underground.net/how-money-is-simply-an-iou/ ("Νόμισμα και Κυριαρχία") This video is a shortened transcript, almost verbatim, of the ...
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You Do Need A Weatherman

I’ve just come back from the annual Institute for New Economic Thinking conference in Paris, where the President of INET Rob Johnson is infamous for opening every session he chairs with an apt set of lyrics from the 1960s.
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Keiser Report Positive Money E603

Insurance Loans Mortgage Attorney Credit Lawyer Donate Degree Hosting Claim Conference Call Trading Software Recovery Transfer Gas/Electricity Classes ...
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Download PDF Modern Money Theory A Primer on Macroeconomics for Sovereign Monetary Systems

Download the PDF here : bit.ly/1P4ghdW.
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Ray Dalio - How the Economic Machine Doesn't Work

Ellen Brown's Public Banking Institute http://www.publicbankinginstitute.org Milton Friedman's 'Monetary Reform Act' for Congress ...
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In The U.S. 49.7 Million Are Now Poor, And 80% Of The Total Population Is Near Poverty

In The U.S. 49.7 Million Are Now Poor, And 80% Of The Total Population Is Near Poverty | The Money Chronicle | Scoop.it
On November 6, 2013, Simeon Ari writes on Political Blindspot posted:
If you live in the United States, there is a good chance that you are now living in poverty or near poverty.
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Question: Is Poverty An Economic Or Cultural Problem? Answer: Yes.

On May 14, 2015, Richard V. Reeves writes on Brookings:
Whose fault is poverty? Is it the fault of the poor themselves, who should be working harder, making better decisions, and committing to their own futures?
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Fight Club, Zero Hedge, and The Federal Reserve

Ellen Brown's Public Banking Institute http://www.publicbankinginstitute.org Milton Friedman's 'Monetary Reform Act' for Congress ...
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Perils In Trade Deals When Factories Close And Towns Struggle

Perils In Trade Deals When Factories Close And Towns Struggle | The Money Chronicle | Scoop.it
Michael Patrick by the defunct Maytag factory in Galesburg, Ill., last week.
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Could Sovereign Money offer a solution to the housing crisis? - Positive Money

Could Sovereign Money offer a solution to the housing crisis? - Positive Money | The Money Chronicle | Scoop.it
Tweet Britain is facing a mounting housing crisis amid a shortage of supply that the country’s new government will have to address as a priority, according to the Royal Institution of Chartered Surveyors.
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▶ Keiser Report: Don’t Stop ‘Banker Bashing’! (E756) - YouTube

Chris Hedges and Robert Scheer discuss the Founding Fathers, FBI surveillance of Martin Luther King, Jr., and the persecution of Chelsea Manning in this swee...
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▶ Five Big Banks Plead Guilty to Rigging Currency Markets and No One Goes to Jail - YouTube

James S. Henry says currency financial markets does $5.3 Trillion per day, the $5.89 billion they are collectively required to pay in penalties won’t even ge...
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Money? Stay Alive Long Enough To Find Out

Bank reserves do not fund money creation in the way that the mainstream economics textbooks depict it. – loans create deposits not the other way around. – ba...
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Stephanie Kelton - Does More Government Help or Hurt? Destroyes The Libertarian Arguments!

Just the facts folks! you will never see her on CNBC, FOX or Bloomberg. But as my friend Tacos would say, The Ass Clown Gold Pumpers like Peter Schiff are on ...
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Help us put money creation on the political agenda (Video)

Help us put money creation on the political agenda (Video) | The Money Chronicle | Scoop.it
The general election is only weeks away and politicians are keen to tell how they will tackle the pressing issues society is facing.
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Bernard Lietaer: Modern Monetary Theory is right

"Academically [MMT] has not been challenged. And from what I study on it, they are right!" The New Paradigm of Money: Monetary blind spots and structural ...
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FUNDAMENTALS: Monetary Instruments, Principles and Logic of Acceptance

In this video you will learn: - that anybody can create monetary instruments - that the material in which the monetary instrument does not define a monetary ...
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The Federal Reserve Commits Treason

Ellen Brown's Website http://www.publicbankinginstitute.org/ Milton Friedman's 'Monetary Reform Act' for Congress ...
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97% Owned - Economic Truth documentary - Queuepolitely cut

97% Owned - Positive Money Cut Watch the sequel: 97% owned present serious research and verifiable evidence on our economic and financial system.
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37 Ways To Un-Rig The U.S. Economy So It No Longer Favors The Rich

On May 16, 2015, Steven Rosenfeld writes on AlterNet and Salon: A new report written by scores of progressives economists has laid out an detailed agenda to dismantle, reverse and fix how the laws and policies governing the American economy are...
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Bill Mitchell — Demand and supply interdependence – stimulus wins, austerity fails

Bill Mitchell — Demand and supply interdependence – stimulus wins, austerity fails | The Money Chronicle | Scoop.it
My Phd research, was in part, exposing the myths in conventional or mainstream economics arguments that claim that structural imbalances in the labour market arise independently of the economic cycle and hence, aggregate spending.
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‘Rise Of The Robots’ And ‘Shadow Work’

‘Rise Of The Robots’ And ‘Shadow Work’ | The Money Chronicle | Scoop.it
Credit: Kristian Hammerstad On May 11, 2015, Barbara Ehrenreich writes  in The New York Times: In the late 20th century, while the blue-collar working class gave way to the forces of globalization and automation, the educated elite looked on with...
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Iceland: Fundamental reform of the monetary system must be considered - Positive Money

Iceland: Fundamental reform of the monetary system must be considered - Positive Money | The Money Chronicle | Scoop.it
Tweet   “Fundamental reform of the monetary system must be considered.” Says head of Iceland Parliament’s Committee for Economic Affairs Frosti Sigurjonsson, Member of the Parliament of Iceland and Chairman of the Committee for Economic Affairs and...
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▶ How to waste £375 billion? (The Failure of Quantitative Easing) - YouTube

http://www.positivemoney.org/ In the years following the financial crisis, the UK wasted £375bn on a failed scheme to stimulate the economy and end the reces...
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