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Results of 1 - 10 of about 26 for borrower (0.001 sec.)
Your neighbour's money 13406
Support? Your neighbour's money 13 and 19 March 2016, translated from Dutch by the author Introd ... can exist: a bank that passes savers' money on to borrowers, although money creation exists. In cash In my ve ... erally takes money into the bank. Sometime after a borrower gets part of it handed over by the bank and takes ... In the cash example, the loan was paid out to the borrower in banknotes, which he took out of the bank right ... nknotes changed character to become a claim on the borrower. This transaction changes the money supply, so mon ... - [detail] - [similar]
Interest and stability (IV) 11009
Support? Interest and stability (IV) Text 25 August, 27–29 September and 1–2 October 2012 Introd ... the lender, but only as a last resort, in case the borrower remains in arrears for too long. So: in this summa ... unt ”, whose liability is meant? The bank's or the borrower's? In my example in article 10 , after the loan ha ... have two accounts (in the bank's books, not in the borrower's), but both are in the name of the borrower, i.e. ... r represents the availability of the amount to the borrower. It is true that making the loan amount available ... - [detail] - [similar]
Cashless funding 10761
Support? Cashless funding Ideas 5 and 20 August, text 22 August and 14–15 September 2012 None th ... reation occurs when a bank grants a cash loan to a borrower. The cash amount had been previously deposited by ... wed the cashless equivalent of that operation: the borrower doesn't get the loan amount as cash, but gets it a ... s, and I stated that in this situation in fact the borrower funds his own loan: because the amount isn't immed ... e credit side to represent its availability to the borrower. So money is created that wasn't there before. Not ... - [detail] - [similar]
Give up commensurable consideration 10381
Support? Give up commensurable consideration 19 June 2013 Introduction In my previous article , ... k and client.) This entry shows an amount that the borrower owes the bank, in other words, a claim of the bank ... on the borrower, in yet other words: a financial asset owned by th ... obligation) to make the loan sum available to the borrower, so he can use it for payments or set it aside as ... ings, or take it out as cash, whatever pleases the borrower. This entry shows an amount that the bank owes the ... - [detail] - [similar]
What is money? 9802
Support? What is money? Text 1–5 and 9–11 October 2012. Ideas 25 and 27 September and 5/6 Octobe ... an, that loan itself (the claim of the bank on the borrower) is not money . The amount being available to the ... ep 2, cash money leaves the bank and gets into the borrower's wallet. According to the monetary definitions of ... t. The bank makes the loan amount available to the borrower, i.e. the bank promises to supply that money whene ... ver the borrower needs it and want to spend it. This is recorded in ... - [detail] - [similar]
Promissory obligations to each other (b) 9174
Support? Promissory obligations to each other (b) 30 June 2013. Introduction Continued from prev ... t the debit side, the amount of the loan, what the borrower owes the bank, the claim that the bank has on the ... oing out of the bank's vault into the hands of the borrower, or the availability of the loan sum to the borrow ... ness ” is not “ artificial ”. A bank recording the borrower's debt, in exchange supplies money – which is a de ... granted after a risk assessment indicates that the borrower can afford the loan. Then the interest will be pai ... - [detail] - [similar]
Interest and stability (I) 8992
Support? Interest and stability (I) Ideas 28 July and 8 August, thinking and writing 17-20 and 2 ... “ Total debt ” represents what at any moment, the borrower owes the bank. It is the liability of the borrower ... towards the bank (credit in the borrower's books, if he has them), and also the claim that ... the bank has on the borrower (debit in the bank's books). Pages 9 and 10 provid ... est and penalty or compound interest), even if the borrower has already paid that interest to the bank – so he ... - [detail] - [similar]
Mutual agreement 8860
Support? Mutual agreement 9 February 2015 In brief The basic misunderstanding of MPE-people and ... is the situation when taking out a bank loan. The borrower promises to pay back the loan (debit side of bank ... promises to make the loan amount available to the borrower (credit side of balance sheet) and to transfer it, ... or part of it, whenever the borrower wants to make a payment. The net effect, when just ... s for the two parties are so vastly different: The borrower need not pay back right away, but only later, usua ... - [detail] - [similar]
On-lending centrally created money 8414
Support? On-lending centrally created money 8 and 10 June 2015 Introduction This is the elaborat ... ding the loan Accounting for providing a loan to a borrower, from the investment pool, is quite simple for the ... xisting loan). In the existing banking system, the borrower receives the borrowed money in that it is credited ... stment pool (at the right side) is debited and the borrower's on demand account (also at the right side) is cr ... y they now provide the money that they lend to the borrower indirectly: via the central bank, which holds the ... - [detail] - [similar]
Different definition, same system 8414
Support? Different definition, same system 1 and 2 February 2018, my own translation of my Augus ... in a sense they are money. The bank's claim on the borrower to whom that bank has provided a loan, is then als ... o money. Conversely, the claim of the borrower, who has the borrowed money in a checking account ... he balance sheet; the bank also gives money to the borrower (credit side of the balance sheet), so that the bo ... rower then has money (a bank balance, debit on the borrower's balance sheet, if available). As a result of the ... - [detail] - [similar]
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