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Chicago Plan – why it never went anywhere

Debunking Economics - the podcast

CHAPTER

Who Would Be Against the Chicago Plan?

The Chicago plan is the idea that banks could only loan out money if they had the money. Money creation would only be made by governments who could control the amount of money in circulation. Who might not like this idea? And how would it change the world? When we come back on the debunking economics podcast, it's Phil Dobby and Steve Kean.

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