An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, January 14, 2014
Frances Coppola — Banks Are Not Fund Managers
Good summary of plain vanilla banking. Short and to the point.
Sure.
ReplyDeletebut they are currency pirates who take the U$D for a high ride and leave others out in the tide.
all derivatives are four is to subvert the currency and to control interest rates
four ? for !
ReplyDelete