The Money Chronicle
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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...
Dai's insight:

“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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monetary reform part 1

Is our system of monetary creation and banking a primary cause of the cycles of boom-to-bust that we continuously experience? Is there a model we coul
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Two Experts on Binary Economics talk w/ Posr vesves Paula Gloria

Norman Kurland and Robert Ashford talk to Posr and Paula Gloria on Binary Economics. Professor Robert Ashford has been a guest many times on her show an
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Modern Monetary Theory vs SHARE THE WEALTH (made with Spreaker)

Source: https://www.spreaker.com/user/congressionalstaffunion/modern-monetary-theory-vs-share-the-weal How am I going to pay for all these FREEBIES that
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MMT vs Austrian School Debate with Marshall Auerback

6 May, 2013. Lars Schall, an independant financial journalist from Germany interviews financial analyst and investment manager Marshall Auerback on behal
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Debate: Bob Murphy and Dylan Moore on Modern Monetary Theory (MMT)

With Modern Monetary Theory (MMT) becoming more prominent both in policy discussions and on social media, now is a good time for a full-blown debate. Enjoy
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What is Modern Monetary Theory - Ellis Winningham

Ellis Winningham gives a straightforward description of what Modern Monetary Theory (MMT) is and is not. MMT is currency analysys, a description of ho
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Talk with Positive Money in Hackney

This was a fairly "a la carte" presentation of why bank creation of money matters as part of a Positive Money talk at the Hackney Downs Studios on March 1
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LEFT OUT: Stephanie Kelton on MMT and debunking budget deficit myths

LEFT OUT: Stephanie Kelton on MMT and debunking budget deficit myths | The Money Chronicle | Scoop.it
A leading American economist and pioneer of Modern Monetary Theory explains how our monetary system works
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Modern Monetary Theory for Non Economists - Professor Stephanie Kelton - Feb 2018

The video from which this extract was taken can be found at link: “MMT Economics Explained - Dr. Stephanie Kelton Interview
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Howie Hawkins supports land value tax & monetary reform

Green Party co-founder Howie Hawkins voices support for a Georgist land value tax (LVT) and monetary reform. Please help support our show
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Have Your Say! Positive Money's Supporter Survey 2018

Have Your Say! Positive Money's Supporter Survey 2018 | The Money Chronicle | Scoop.it
Which of the following are you most concerned about: high levels of debt, inequality, the environment, high house prices, or taxes and public spending?
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Norman Kurland On Binary Economics (casual after shoot)

After shooting a show with Robert Ashford, Paula and Posr got to talking so much with Norman that Paula threw in another tape (which became another hour)
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government shutdown and modern monetary theory

did you know there were 14 presidents of the usa before george washington?
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Dr Steven Hail on the Policy Implications of Understanding MMT

Dr. Steven Hail, Economics Lecturer at the University of Adelaide, Australia briefly discusses the policies that can be implemented as a result o
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Dr Steven Hail on Why Politicians Don't Talk About MMT Publicly

Dr. Steven Hail, Economics Lecturer at the University of Adelaide, Australia briefly touches on why most politicians don't publicly talk about moder
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Fran Boait (Positive Money) Spring Statement interview on LBC Radio

http://www.positivemoney.org/ Positive Money Executive Director, Fran Boait, spoke to LBC's Shelagh Fogarty about the Spring Statement on 13/03/2018
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How Marxism and Modern Monetary Theory Go Hand-In-Hand

In this Majority Report clip, Sam Seder and Professor Richard Wolff discuss how Marxism and modern monetary theory are a match made in heaven. We need you
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The 7 Knowledge Areas of Real Progressives & MMT Steven Grumbine

Steven Grumbine goes over the 7 Knowledge Areas of Real Progressives and how Modern Monetary Theory (MMT) relates to policy in all of these areas. H
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The Just Third Way: The Just Third Way Hour Podcast

The Just Third Way: The Just Third Way Hour Podcast | The Money Chronicle | Scoop.it
Host Dave Hamill comes to you this week from a new website for the podcast, a change that we believe will make these learning tools eve
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The Just Third Way: The Just Third Way Hour Podcast

The Just Third Way: The Just Third Way Hour Podcast | The Money Chronicle | Scoop.it
It must be getting close to the opening of baseball season, for we have a triple header this week!  On deck first we have Dr. Norman G.
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The Just Third Way: The Just Third Way Hour Podcast

The Just Third Way: The Just Third Way Hour Podcast | The Money Chronicle | Scoop.it
We have a "double header" this week.  On deck first we have Dr. Norman G. Kurland's appearance on Dr. Deal Hudson's "Church and Culture
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MMT Economics Explained

Nomiki Konst (TYT Politics) interviews Dr. Stephanie Kelton on how we need to change our views on the economy. Watch the full interview here
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Will Switzerland be the first country in the world to introduce a sovereign money system?

Will Switzerland be the first country in the world to introduce a sovereign money system? | The Money Chronicle | Scoop.it
In June 2018 Switzerland will hold a referendum on its national constitution. The proposal, known as the Vollgeld Initiative (VGI), would transform the Swiss money and banking system, putting an end to private banks’ ability to create money.
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