The MMT Podcast with Patricia Pino & Christian Reilly cover image

#126 Dirk Ehnts: How Banks Create Money

The MMT Podcast with Patricia Pino & Christian Reilly

00:00

Exporting Uros

Exports are a loss from the real side of the economy. When money is paid in uros, it's one ero one pound. The british bank now holds 25 thousand uros on its balance sheet. But nevertheless, tat's also a possibility to grate bank deposits in uk Pownts through exporting, and not through lending.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app