To Learn About The Dark Side of Money Please Google This: Catherine Austin Fitts: The Black Budget And The Leveraged Buyout Of The World Using Stolen Money
Or This:
America Is Now A Criminal Enterprise And That Is The Good News
@DavidAKZ "@ 15:07 re constant amount of money in the economy. I thought M3 was continually expanding ?"
Err, which monetary model/principle are you "importing" into Keen's dynamic modeling?
Anyway, what Keen said@15:00 was: "IF the amount of money was constant, the borrowers' accounts will tend towards zero/negative" and he modeled it in response to someone who THOUGHT the "amount of money" was constant-- which arises from the failure to distinguish between "money stock" vs "money flow"
Excellent! What books do you recommend to learn economics?
newyorkmgmt 1 month ago in playlist Uploaded videos
Wonderful explanation.
AsciiSillyQuestion 3 months ago
I will be watching part 2 next.
To Learn About The Dark Side of Money Please Google This: Catherine Austin Fitts: The Black Budget And The Leveraged Buyout Of The World Using Stolen Money
Or This:
America Is Now A Criminal Enterprise And That Is The Good News
Horse237 3 months ago
@ 15:07 re constant amount of money in the economy. I thought M3 was continually expanding ?
DavidAKZ 3 months ago
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@DavidAKZ "@ 15:07 re constant amount of money in the economy. I thought M3 was continually expanding ?"
Err, which monetary model/principle are you "importing" into Keen's dynamic modeling?
Anyway, what Keen said@15:00 was: "IF the amount of money was constant, the borrowers' accounts will tend towards zero/negative" and he modeled it in response to someone who THOUGHT the "amount of money" was constant-- which arises from the failure to distinguish between "money stock" vs "money flow"
ApocalypticAang 3 months ago
This is brilliant!
Zero0nee 3 months ago