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Nate Hillyou will all learn from Celebrity Green Room www.celebrity-green-room.com...

February 2013

PJMThe good professor ought to have known better than to include fire, a naturally occurring phenomenon, in his opening sentence: "Money ranks with fire and the wheel as an invention without which themodern world would be unimaginable." It would have been equally thought-provoking to have written "Mone...

February 2013
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Peter J. MorganSorry, simoncz, the 'multipier model' is a description that's been proven to have been BS!To get yourself up to date, you need to read the book "Where Does Money Come From?", or better still, wait a few more days and you'll be able to read the latest book from Positive Money -- "Modernising Money"....

January 2013

simonczThat the private banks create money is not new information.*It is not unnatural to think of the deposits of a bank asbeing created by the public through the deposit of cash representingeither savings or amounts which are not, for the timebeing, required to meet expenditure. But the bulk of thedeposi...

January 2013
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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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