nakedempire


The American Empire in a Changing World



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Monday, February 20, 2012

''The Uneconomics guide to money creation''

"It is one of the great mysteries of the world. Ask ten different economists, bankers and politicians and you’ll get ten different answers. No metaphysical dilemma about bankers on pinheads, the question and answer should be relatively straightforward; it’s a physical process that happens thousands of times a day. Can banks really create money?"


from open democracy...

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