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Truth that banks know, textbooks dont
00:00) Central bank money is determined by the Bank of England. It is not chosen or fixed by the central bank as sometimes described in economics textbooks. This is the main way money is created. This is the fault of economists who have taught virtua...00:00) Central bank money is determined by the Bank of England. It is not chosen or fixed by the central bank as sometimes described in economics textbooks. This is the main way money is created. This is the fault of economists who have taught virtua... -
Yanis Varoufakis on his vision for a Socialist Society
(00:00) Yanis Varoufakis: What really appalls me about the world we live in is that most people's capacities and talents are being squashed by a regime of exploitation and oppression. This system doesn’t allow the little Mozarts, Einsteins, or Do...(00:00) Yanis Varoufakis: What really appalls me about the world we live in is that most people's capacities and talents are being squashed by a regime of exploitation and oppression. This system doesn’t allow the little Mozarts, Einsteins, or Do...
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