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Does a Change in Our Spending Decisions Affect the Total Amount of Bank...
By: Andrea Terzi No, it never does. The total amount of deposits in the banking system cannot change as a result of spending decisions by households or firms (technically, the “non-bank private...
View ArticleWhat Will Change the Total Amount of Bank Deposits Held by the (Non-Bank)...
By: Andrea Terzi The total amount of bank deposits has nothing to do with the saving attitude, or with the spending decisions, of bank accounts’ holders. A new bank deposit can only be created through...
View ArticleHow to Fix the US Economy in Less Than 500 Words
By: Warren Mosler Aiming at public purpose while reducing government discretionary power, increasing spending power, fixing the banking system, restoring states’ budgets, keeping inflation in check,...
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