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3min chapter
Chicago Plan – why it never went anywhere
Debunking Economics - the podcast
The Creative Side of Debt
If a bank has the ability to create money, most of it goes into houses and appeal layers because there's collateral on the other side. The argument in favor of banks creating money for investment is that they have to actually go and do the research. And then what you get is the intelligence of crowds. Sometimes that works out to be incredibly... Bit of self-interest going on here? Deal, isn't that?
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