How a Bank Loan Create More Money A bank loan puts more money into the financial system by creating new money through the process of credit creation. Here’s how it works: The Loan is Issued When a bank approves a loan, it does not pull existing money from its… Tim Bouma Nov 20, 2024, 7:06 PM
The Origin of Modern Monetary Theory: Warren Mosler’s Insight at the Italian Treasury In the late 1990s, Warren Mosler, a former Wall Street financier turned economic thinker, found himself in Italy, engaging with officials at the Italian Treasury. Mosler was on a mission to understand the intricate workings of… Tim Bouma Nov 20, 2024, 6:25 PM
Really interesting… I tried to connect with someone on LinkedIn to message them but I couldn’t unless I upgraded to Premium. Tried numerous time. I finally figured out why - they are associated with an industry that LinkedIn must not like.… Tim Bouma Nov 20, 2024, 12:59 PM
Software doesn’t help people, people help people! Nah! Software helps people!… Tim Bouma Nov 20, 2024, 12:46 PM
