Sunday, 8 November 2015

Thin Air's money isn't created out of thin air


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his is an interesting piece by professor Michael Pettis: Source: http://blog.mpettis.com. I am reproducing it with added links to the neokeynesian MMT (Modern Monetary Theory), that pins the causes of the present world crises to misunderstanding of the way banks create credit and governements create money
​..​
. Read on...

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