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Free money for US government? 10000
Free money for US government? Writing history of this article Introduction There's an ongoing discussion with Stanley Mulaik on Facebook, about money creation by the US central bank (the Fed) and the US budget deficit. If I understand him correctly, the US government can spend more dolla ... - [detail] - [similar]
Same document, different interpretation 6119
Same document, different interpretation 1 August 2013 Diametrically opposed In this Dutch-language article I mentioned that in 2012, I was already well underway with this article series , when I still didn't know about MMM (Modern Money Mechanics). After I had taken my time (weeks, not d ... - [detail] - [similar]
The king and the soldier 5712
The king and the soldier 29 October 2017, translated from Dutch by the author, using DeepL and bilingual postediting . Ancient times Let's go back in time, to the days when treasury and central bank could be considered one whole. The central bank was there to finance the plans of a monar ... - [detail] - [similar]
Kapitaaleis (II) 4073
Steun? Kapitaaleis (II) 3–4 september 2012 (eigen vertaling uit het Engels ) Realistischer Als illustratie van hoe de kapitaaleis werkt, presenteer ik hier een wat realistischer voorbeeld van een extreem vereenvoudigde bankbalans. Alle bedragen zijn in miljoenen euro's, of miljarden, of ... - [detail] - [similar]
Seigniorage (2) 4011
Seigniorage (2) 28 June 2016, translated from Dutch by the author Introduction This article and the previous one were written while preparing my planned critical article that should follow the praising one , these latter two (both in Dutch) in reaction to an article (also in Dutch) dated ... - [detail] - [similar]
Cashless funding 3916
Cashless funding Ideas 5 and 20 August, text 22 August and 14–15 September 2012 None the richer, none the poorer This part: idea 20 August, text 22 August In my first article I showed how money creation occurs when a bank grants a cash loan to a borrower. The cash amount had been previou ... - [detail] - [similar]
Central bank funding government? 3899
Central bank funding government? 31 July – 11 August 2013 (some corrections 12 and 13 August) Introduction What inspired me to write this text, was an article entitled “ Oh Canada! Imposing Austerity on the World's Most Resource-rich Country ”. It was written by Ellen Brown (in full: Ell ... - [detail] - [similar]
Money out of thin air? 3894
Money out of thin air? 23–29 June 2012 Paradox Money creation does exist. And money creation does happen when a bank lends someone money. However, the bank doesn't create that money out of thin air. The money it hands over to the borrower, is actually money somebody else has put in the b ... - [detail] - [similar]
Money multiplier 3363
Money multiplier 29–30 June 2012 What happens with the money? At the end of the previous episode the situation was that Villager B had 90 dollars in his purse, borrowed from the bank. The bank could afford that, because Villager A had previously deposited $100. $10 are kept in the bank's ... - [detail] - [similar]
What is money? 3270
What is money? Text 1–5 and 9–11 October 2012. Ideas 25 and 27 September and 5/6 October. Monetary money vs. everyday money Familiar Most people are familiar with money from early childhood. So they know what money is and understand how it works. When they read about money creation and m ... - [detail] - [similar]
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