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"There is no such thing as a deposit", a masterclass by prof R. Werner

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First published at 09:49 UTC on May 10th, 2021.

JVWing

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This is so very interesting. Dr Werner explaining how a 'loan' is created at a commercial bank and how it impacts the total amount of issued money in circulation. Building on that he explains how to amortize the fallout of banking crisis’s and how central banks can be the shock breaker without exploding the money supply. Oh,… and there no such thing as a ‘bank deposit’. Surprised? Richard Werner explains that too.

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Category	Education
Sensitivity	Normal - Content that is suitable for ages 16 and over

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