Steve Keen – Talk with Positive Money

This was a fairly “a la carte” presentation of why bank creation of money matters as part of a Positive Money talk at the Hackney Downs Studios on March 14 2018. Steve started with how mainstream economists like Paul Krugman ignored banks in macroeconomics, until the Bank of England came out and stated definitively that banks create money, and they’re not constrained by their Reserves or Reserve Ratios in doing so.


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