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JEFF9K

(1,935 posts)

10. If the bank has to balance its books ...

Reply to mother earth (Reply #9)

Sun Nov 23, 2014, 10:39 PM

Nov 2014

and is limited in how much it can lend by how much it takes in, and the depositor doesn't have his money to spend, how is there any new money in circulation?

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The Power to Create Money in the Hands of the Banks [View all] mother earth Nov 2014 OP

Who is Ben Dyson? JEFF9K Nov 2014 #1

That would be better answered if you visited the website: Positive Money.org mother earth Nov 2014 #2

He's not espousing putting money into gold, nor that we are headed for a crash. Not familiar with mother earth Nov 2014 #3

Future tense not needed. nt valerief Nov 2014 #4

+1 n/t jtuck004 Nov 2014 #5

TY, you are absolutely correct. We ARE suffering the consequences and continue to. nt mother earth Nov 2014 #6

I'm not understanding this. JEFF9K Nov 2014 #7

:) No infomercial, Jeff, please read more at TRNN for transcript of full interview. mother earth Nov 2014 #8

Per Ellen Brown: mother earth Nov 2014 #9

If the bank has to balance its books ... JEFF9K Nov 2014 #10

You are not reading from the links I'm posting. From above link: mother earth Nov 2014 #11

I DID read it. JEFF9K Nov 2014 #12

It is not word play, who says the banks are limited by their deposits? They simply create the mother earth Nov 2014 #13

Banks can't lend an unlimited amount of money. JEFF9K Nov 2014 #14

You are saying their lending is limited by deposits in their bank? mother earth Nov 2014 #15

Who creates money? How much money do they create? What do they do with the money they create? mother earth Nov 2014 #16