@dlacalle_IA@robert19pearson I did not say that they expand their balance sheet only with gov debt. They also buy… https://t.co/FLY6OvJkYl@dlacalle_IA Errr.....
By law (capital requirements), any commercial bank is required to hold a certain amount of o… https://t.co/j7Oi3NaJU8@dlacalle_IA@aramis_chaparro@BCLMacro So to do that a commercial bank would need access to massive liquidity fro… https://t.co/Ynj5wad9Yc@StateDept@SecPompeo "In 2012, the Bank of China, a commercial bank owned by the Chinese state, provided more than… https://t.co/k00ZaEdN6iIn 1970 we had a successful Consumer Economy with 50% Sovereign money - effectively an asset though its creation re… https://t.co/lFD1ibHaov@dlacalle_IA no different to how income earned by a debtor to a commercial bank, used to pay down that debt, drains… https://t.co/CJs1mUMhc9@dlacalle_IA have you ever looked at a central bank's balance sheet? Take a look and tell me how its assets are fun… https://t.co/nCAIcQUCKsSo backed by nothing.
Let me know when any commercial bank allows you to take debt backed by debt. https://t.co/oIBFvIIhkt@robert19pearson So backed by nothing.
Let me know when any commercial bank allows you to take debt backed by debt.
@Matthew87750407@scientificecon@ProfSteveKeen That's correct. The key is that commercial bank money creation can… https://t.co/XNS0j9wl9mThank you for your kind responses all! Unfortunately where I live now Gofundme is not supported so Please use his b… https://t.co/zvK8Zmigod@MpondaSabinus International Commercial Bank ...Icb
