Wednesday, January 18, 2017

Jo Mitchell — Full Reserve Banking: The Wrong Cure for the Wrong Disease

... as Positive Money rightly note, neither the mechanism nor the implications are widely understood. But Positive Money do little to increase public understanding – instead of explaining the issues clearly, they imbue this money creation process with an unnecessary air of mysticism....
Critical Macro Finance
Jo Mitchell | Senior Lecturer, University of the West of England, Bristol
Full Reserve Banking: The Wrong Cure for the Wrong Disease
Jo Mitchell | Senior Lecturer, University of the West of England, Bristol

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