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Archive for April 24, 2014

Laurence RenshawI can see some huge benefits of this proposal, but I can't see how it would encourage more 'good lending' and less 'bad lending' (e.g. to finance property bubbles), unless the government or BoE takes over much of the commercial banks' lending function. Can you explain?...

October 2014

Mike Riverowow did you miss the point. Re-read the article - slowly....

October 2014

bilejones"The state, not banks, would create all money"And the bullshit never ceases, does it?"money" is that thing that meets three needs:1. Universal acceptance as a means of exchange,2. A store of value.3. A unit of account.The buffoon here confuses "money" with "currency"...

October 2014
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