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    Truth that banks know, textbooks dont
    Publisher: ProfSteveKeen
    2025-09-08

    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...

    Tags: national debt, government debt, central banks, money creation

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