The MMT Podcast with Patricia Pino & Christian Reilly cover image

#3 Why we can always afford a war

The MMT Podcast with Patricia Pino & Christian Reilly

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Government Regulation and Bank Lending During Quantitative Easing

Exploration of how government regulations restrict bank credit issuance, revealing that banks are already at their maximum lending capacity even during quantitative easing. The Bank of England's bond purchases under QE merely shift balances among accounts and do not directly fund government expenditures.

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