Version 2.0

Bookpresentation: Where Does Money Come From?

Buchvorstellung: Where Does Money Come From?

Dg_icon_no_thread_128px

There is widespread misunderstanding of how new money is created. Where Does Money Come From? sets out the mechanism by which banks create new money when they extend or create credit, either through making loans or buying existing assets.
Investment can therefore be funded primarily by credit, not savings, contrary to neo-classical beliefs.
The book considers the macroeconomic consequences for stability and investment before outlining a number of potential approaches to reform.

Info


Format: Buchvorstellung Erläuterung
Track: General / Allgemein

Sprache: Englisch
Verfügbare Sprachen: Englisch

Links:

Feedback

Uns interessiert deine Meinung! Wie fandest du diese Veranstaltung?