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Author Topic: Money  (Read 8138 times)

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Surly1

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The Last Time Banks Did This... They Caused A Financial Crash w/Richard Wolff
What happens if the government wants to stimulate the economy, by telling the banks they can lend out part of their held deposits or all of it?

The last time the banks were able to lend out their reserves... we found ourselves in a global financial crash!

We never learn anything, do we?

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“We are the United States of Amnesia, we learn nothing because we remember nothing.”
― Gore Vidal

 

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