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Old 06-04-2016, 01:23 PM   #1
the worm that returned
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Default Money Creation in the Modern Society

I would like this to be a sticky to discuss how many is created, clear up peoples' misunderstandings around this and discuss improvements/better solutions.

In the Bank Of England's 2014 Quarter 1 Quarterly Bulletin a clear description was provided around how money is created in the modern society. It also discusses Quantitative Easing and how banks are restricted upon what they can 'lend'.

This was also discussed in Parliament in the UK and the official Hansard record can be found at this link, at 11:18 am under the heading 'Backbench Business
Money Creation and Society'
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Old 06-04-2016, 02:52 PM   #2
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They finally admitted money is created through loans just as the 'conspiracy theorists' had been saying all along

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Old 06-04-2016, 02:55 PM   #3
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Good thread.
'Quantitative Easing' is a euphemism for printing money.
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Old 06-04-2016, 03:46 PM   #4
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Quote:
Originally Posted by grandmasterp View Post
Good thread.
'Quantitative Easing' is a euphemism for printing money.
Good thinking, wormy. Now 'stuck', by popular agreement
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Old 06-04-2016, 04:00 PM   #5
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Yay!! My first sticky. Today has been a good day for me

Thanks
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Old 09-04-2016, 08:45 AM   #6
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Quote:
Originally Posted by grandmasterp View Post
Good thread.
'Quantitative Easing' is a euphemism for printing money.
But don't you agree to this? Doesn't this make sense to you?
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Old 10-04-2016, 09:08 AM   #7
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