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How do private banks create money?

How do private banks create money?
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UK Government 'spending' is really money creation. Here's why

"Where does all the money come from to pay for the ‘free’ things in Scotland?” To answer that question it is easiest to look at it in two… ....

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From Classroom to Campaign Trail

Professor and political theorist Danielle Allen shares what she learned from running for governor of Massachusetts. ....

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Biden Must Consider All The Laws—Not Just The Debt-Ceiling—As 'X Date' Approaches

This article is part of TPM Cafe, TPM’s home for opinion and news analysis. Versions of this article appeared at the Balkinization blog and at the Roosevelt… ....

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Bob Hockett on the Need for Better Bank Deposit Protection

Professor Robert Hockett of Cornell Law School discusses the Federal Deposit Insurance Completion Act of 2023, which contains his proposal for preventing future occurrences of the bank-run fueled collapse that led to the demise of Silicon Valley Bank and others. ....

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