Banks do not create money from thin air. They create money supply from thin air, and anyone can do this - if they have the resources. The...
Absolutely. In a collapsed world where debt and government taxation demands are elevated - the one legal document that can extinguish these claims...
Except no one was in negative equity so no analogy can be drawn.
An example: The central bank wants more money in the economy. It buys existing government bonds currently trading on the open-market. To do...
No point because you're incorrect.
The only place the money can end up is on the ECB consolidated statement. You are unable to ascertain what they did with the money.
Except with a national currency no one can call on your currency. For someone to exit - someone has to enter. The value of the currency is...
What does "bankrupt" mean in regards to a national or central bank? Such banks in the past have operated in negative equity - and been successful...
If banks held all the money deposited - how could they lend it out? The "deposits" match the loans. A bank owes as much as it is owed. Deposits...
In net, they already are.
The OP seems to have had an epiphany concerning an "out of thin air" experience. How did he think loans originated? Did he think the bank handed...
Maybe you didn't read my question. I'll repeat it for you. Would you prefer it if they didn't create credit - but merely handed out cash at the...
Would you prefer it if banks didn't write credit - but instead informed a borrower that they could just come to the cashier and collect their loan...
$16 Trillion? http://www.federalreserve.gov/releases/h41/current/ The size of the Fed balance sheet is currently $2 Trillion so obviously this...
Yes, we have had a debt deflation. But the debt deflation does not equal a monetary deflation - monetary being everything that people consider to...
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