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Money as debt? Money as claims! 10000
Money as debt? Money as claims! Idea 27 September, text 21 October 2012 Inspiration The well-known video Money as Debt , made by Paul Grignon, was my inspiration for writing this series of articles , already in 2007. It lasted until June 2012 before I actually started writing – after fur ...
https://rudhar.com/economi/monydebt/en/019claim.htm - [detail] - [similar]
Trade money 5274
Trade money 19–21 March 2015 Real currency? Some people seem to believe that only coins and banknotes are real money, and bank balances are not. OK, coins are special in that they have some intrinsic value, a value of their own, because they are made of more or less precious metals like ...
https://rudhar.com/economi/monydebt/en/025trmon.htm - [detail] - [similar]
If banks can, why can't we? 4847
If banks can, why can't we? 2 July 2013 Because of the definition People often wonder: if banks can create money, why can't we? Isn't that unfair? First, again I stress that although money creation is a reality , and indeed happens when a bank grants credit to a member of the public; it ...
https://rudhar.com/economi/monydebt/en/021bacan.htm - [detail] - [similar]
Representing all value? 4831
Representing all value? 8–11 and 14 June 2013 Introduction The discussion on What Do They Know which I took part in last week, continued after that. Jake, also known as Jac, commented. I have mentioned him before here , and he's on Twitter as Jac (Twitter) . Below are some quotes, follow ...
https://rudhar.com/economi/monydebt/en/2130608.htm - [detail] - [similar]
Your neighbour's money 4821
Your neighbour's money 13 and 19 March 2016, translated from Dutch by the author Introduction People think that when they borrow money from a bank, it is the neighbour's money they get (or somebody else's who lives in the same street, neighbourhood, city of country; but it's the basic id ...
https://rudhar.com/economi/monydebt/en/026neymn.htm - [detail] - [similar]
Seigniorage (1) 4615
Seigniorage (1) 27 June and 1, 2 and 4 July 2016, translated from Dutch by the author Terminology and definition The word seigniorage is sometimes written seignorage, or in French seigneuriage. Seigniorage is the difference between the face value of a coin on the one hand (the value assi ...
https://rudhar.com/economi/monydebt/en/029seign.htm - [detail] - [similar]
Give up commensurable consideration 4476
Give up commensurable consideration 19 June 2013 Introduction In my previous article , I semantically analysed questions that people in the MPE movement have posed to central banks. My conclusion was that the questions were rather unclear and that several interpretations are possible. I ...
https://rudhar.com/economi/monydebt/en/2130619.htm - [detail] - [similar]
Zero-coupon perpetual bonds? 4114
Zero-coupon perpetual bonds? May and June 2015 ( details ) Summary The British organisation Positive Money proposes to move money creation away from commercial banks, and instead make it the responsibility of the central bank (or a similar entity that completely or partially replaces the ...
https://rudhar.com/economi/monydebt/en/21503P01.htm - [detail] - [similar]
Bank buys all public debt for free? 4108
Bank buys all public debt for free? 7 and 8 April 2016, translated from Dutch by the author Introduction Thanks to money creation, can a bank buy the whole of the national debt, without any cost to them, just for free? Banks can create money themselves, right? That question was posed – i ...
https://rudhar.com/economi/monydebt/en/027bybnd.htm - [detail] - [similar]
Self-funding 4070
Self-funding Idea 31 July – 1 August, text 1–3 August 2012 Learning by explaining When I started to write the articles in this series , I thought I knew enough and understood things well enough, to be able to explain them to others and to correct their misunderstandings. Now, after havin ...
https://rudhar.com/economi/monydebt/en/010slfnd.htm - [detail] - [similar]
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