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Different definition, same system 10000
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 ...
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If banks can, why can't we? 6526
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]
Give up commensurable consideration 6338
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]
Creating interest 6308
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 ...
https://rudhar.com/economi/monydebt/en/020crein.htm - [detail] - [similar]
Same document, different interpretation 5972
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 ...
https://rudhar.com/economi/monydebt/en/2130801.htm - [detail] - [similar]
Representing all value? 5963
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]
What is money? 4935
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 ...
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Money out of thin air? 4919
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 ...
https://rudhar.com/economi/monydebt/en/001creat.htm - [detail] - [similar]
Is interest theft? 4707
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 ...
https://rudhar.com/economi/monydebt/en/004intrs.htm - [detail] - [similar]
Unlimited money creation? 4703
Unlimited money creation? 5–6 July 2012 Limited by reserve requirement In the first section I showed that money creation does exist, and that it happens when a bank grants a credit, using money that is in a demand deposit. However, that money is not created in the sense that it comes fro ...
https://rudhar.com/economi/monydebt/en/003lmtls.htm - [detail] - [similar]
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