Post by: RE on September 21, 2013, 02:28:37 AM
Off the microphones of Graham Barnes, RE & Monsta
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Aired on the Doomstead Diner on September 21, 2013
Discuss at the Podcast Table inside the Diner
In this second part of the Podcast with Graham Barnes, the features of Debt Based Money and Money Creation are explored in detail. How do commercial banks create money, and are there any effective limits to this money creation? What controls does the government have over money creation, and to who and how is the money distributed? How does Fraction Reserve Lending work? Can the power be wrested from the Too Big to Fail Banks and returned to the people and their governments?
Can Designer Currencies better distribute risk between Debtors and Creditors? How does Risk Management encourage Moral Hazard in lending?
These and many other questions are explored in this podcast. Pour a cup of your favorite beverage, and enjoy!
RE