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If banks can, why can't we? 10000
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 ... - [detail] - [similar]
Different definition, same system 4923
Different definition, same system 1 and 2 February 2018, my own translation of my August 2013 Dutch original , translated with the assistence of DeepL, followed by bilingual postediting . Introduction and scope On Ad Broere's website there is a short article “ Eind aan geldschepping door ... - [detail] - [similar]
Give up commensurable consideration 4710
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 ... - [detail] - [similar]
Creating interest 4317
Creating interest 1 July 2013 Worries Many people are worried about interest, and in their opinion interest should be banned entirely, because they think: that banks create money when lending money (and I think so too ); that banks do not also create the interest, which causes a constant ... - [detail] - [similar]
Mutual agreement 4031
Mutual agreement 9 February 2015 In brief The basic misunderstanding of MPE-people and others is they think money can only be exchanged for goods and services. They fail to see that money can also be exchanged for money. That makes sense if the mutual conditions are different. It's what ... - [detail] - [similar]
Seven restrictions to money creation 4020
Seven restrictions to money creation 22 May 2017 Introduction People often worry about credit granting by banks, and so about money creation, which is its automatic consequence, thinking both will get out of hand. But that is unlikely, because no less than seven factors or mechanisms exi ... - [detail] - [similar]
Is interest theft? 3980
Is interest theft? 13 and 15 July 2012 Renting money If you rent a car, it means the rental company owns or leases cars that it doesn't need itself. So it offers them for use by clients, for a day, a few days, a week, or whatever is agreed. In exchange for that, the client pays a fee to ... - [detail] - [similar]
Your neighbour's money 3961
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 ... - [detail] - [similar]
A riddle 3850
A riddle 7 July 2019, translated from Dutch by the author, using DeepL and bilingual postediting. Or in fact a complete rewrite in this case. The discussion On March 18, 2018, Twitterer Silver Surfer asked a question, which despite the unserious mood and atmosphere in that thread, did ma ... - [detail] - [similar]
Full reserve banking? 3795
Full reserve banking? 19 and 23 July 2012 Khan Academy The opposite of fractional reserve banking is full reserve banking. In a video available on Youtube, the Khan Academy explains how that works. Note that this video is impartial, it does not promote full reserve banking, it just expla ... - [detail] - [similar]
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