Steve Keen, Loans create deposits

Global Debt Bubble. How much is government to blame?

Steve Keen is Professor of Economics & Finance at the University of Western Sydney, and author of the popular book “Debunking Economics”.

Steve Keen’s Debtwatch

http://www.debtdeflation.com/blogs/

“Monetary Realism from the Bank of England”
by Steve Keen, Mar 18, 2014

http://www.debtdeflation.com/blogs/2014/03/18/monetary-realism-from-the-bank-of-england/

Excerpt of — Full Video At:
Steve Keen: “Loans create deposits!”
aka No One Understands Banking
Boom Bust, RT, Mar 21, 2014

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Bank Of England:

Where does money come from?

Money creation in the modern economy

Money in the modern economy:
an introduction – Quarterly Bulletin article

„Money creation in the modern economy” – Mar 12, 2014
By Michael McLeay, Amar Radia and Ryland Thomas
of the Bank’s Monetary Analysis Directorate

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q102.pdf

“Bank Of England: Money is NO Object”

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