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How banks create and destroy money – A guide to the Eurozone monetary system

This publication by Sensible Money demonstrates the accountancy procedures by which banks create and destroy the vast majority of the Eurozone's money. It also explains how money is transferred domestically and throughout the Eurozone as well as procedures like quantitative easing and how the ECB attempts to implement its monetary policy.

MikeCongrats! When read the guide I intend sharing it on facebook LetsTrade (Cork). Cork LETS is growing daily - bringing human relations back into economic activity. Their Community Account acts as a Liquidity A/c for the system. Watch that space!...

February 2013

Ralph MusgraveThe "read here" link doesn't seem to work. But congratulations on publishing a guide to the Eurozone monetary system: that is needed.There is an academic at Lancaster University who is an expert on that subject: John Whittaker. Perhaps Positive Money could get him to write a guide to the Euro monet...

January 2013
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