Susan Borden
@spborden.bsky.social
Deputy Chairman, Modern Money Lab; Vice Chairman, GMALL; principal, Darbyshire Trust; Real World Economics Graduate Student.
Reposted by Susan Borden
The Werner piece involves a study done with a regional German bank where $200,000 was fictitiously deposited by the researchers w: the bank for purposes of tracking whether bank lending expanded in a manner consistent with loanable funds or fractional reserve banking & MMT's stance was confirmed.
April 17, 2025 at 10:24 PM
The Werner piece involves a study done with a regional German bank where $200,000 was fictitiously deposited by the researchers w: the bank for purposes of tracking whether bank lending expanded in a manner consistent with loanable funds or fractional reserve banking & MMT's stance was confirmed.
Reposted by Susan Borden
"Reagan proved deficits don't matter." - Dick Cheney
Every major central bank has published a white paper in the last 20 years explicitly for the purpose of validating MMT's view on money creation.
Every major central bank has published a white paper in the last 20 years explicitly for the purpose of validating MMT's view on money creation.
April 17, 2025 at 10:05 PM
"Reagan proved deficits don't matter." - Dick Cheney
Every major central bank has published a white paper in the last 20 years explicitly for the purpose of validating MMT's view on money creation.
Every major central bank has published a white paper in the last 20 years explicitly for the purpose of validating MMT's view on money creation.
Wonderful to see and hear you with PK this morning - your discerning, thoughtful, nuanced observations and insights were matched by your energy and seeming good health — a rare joy in a deeply distressing time.
April 12, 2025 at 11:20 AM
Wonderful to see and hear you with PK this morning - your discerning, thoughtful, nuanced observations and insights were matched by your energy and seeming good health — a rare joy in a deeply distressing time.