
#13 Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask
The MMT Podcast with Patricia Pino & Christian Reilly
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Understanding Quantitative Easing: Myths and Impacts
This chapter explores the concept of quantitative easing (QE) and its real implications within the financial system, dispelling common misconceptions about its effectiveness. It discusses the limitations of QE in stimulating the economy and its indirect effects on government bonds and interest rates. The chapter also examines banking regulations and capital reserves, offering insights into the disconnect between available loans and consumer demand during economic downturns.
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