Econ Trash

Odie, you wrote: "Instead it will be income for the bank which it will use to pay e. g. one of its employees by crediting its accou...

λ b0 λ b0 λ b0 λ_b0λ_b0 λ_b0 $\Delta$  Another equation test, ...

macroman, I’m with you up to here: “It is these reserves that the banks can then use to lend out money or do with it whatever they please....

Below is a test reply comment to Fed Up and winterspeak in JKH's post on Market Monetarism. My original posted comment is here , but a...

http://www.themoneyillusion.com/?p=23314 Geoff's comment: http://pragcap.com/the-banking-camp-vs-the-macroeconomics-camp/comment-pag...

Auburn, you write: "Well, if over a 30 year period, the Govt issued no new bonds due to being in a sustained $1p.a. surplus, almost ...