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Showing posts with label bank money. Show all posts
Showing posts with label bank money. Show all posts
Sunday, December 15, 2019

Yes, Banks Create Money Out Of Thin Air — Brian Romanchuk

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Unfortunately, money has not yet been abolished from economic theory, and we are stuck with pointless debates about banks and money creatio...
10 comments:
Sunday, February 1, 2015

Tim Johnson — A moral case for bank money

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Another take on the controversy. Money, Maths and Magic A moral case for bank money Tim Johnson | Lecturer (associate professor) in the De...
Wednesday, October 2, 2013

Nick Edmonds — Ledger Accounting for the Monetary Circuit

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Some of the basics for double-entry book-keeping are as follows: 1. We can generate any number of ledgers for different items or stages in ...
Tuesday, June 4, 2013

Dan Kervick — Do Banks Create Money from Thin Air?

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It is sometimes said that commercial banks in our modern monetary system create money “from thin air”.  While there is truth in this metaph...
2 comments:
Tuesday, February 19, 2013

JKH — ‘Loans Create Deposits’ – in Context

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Introduction Loans create deposits. We’ve heard it many times now. But how well is it understood? The phrase is typically invoked accuratel...
149 comments:
Saturday, July 7, 2012

Steve Randy Waldman — What is a bank loan?

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When a bank makes a loan, does it create money “from thin air“? Are banks merely intermediaries, where “if people are borrowing, other peop...
1 comment: