Tag Archives: nef

Ranking Banking!


Banks do not wait for a customer to deposit money before they make a new loan. Loans are made and recorded in a customer’s account as a debt to the bank. A customer’s debt also becoming a bank asset. The concept of ‘fractional reserve banking’ recognises that banks can lend out many times more than the amount of cash and reserves they hold at the central bank. This implies a strong link between the amount of money that banks create and the amount that they hold at the central bank. Something that is not true, any more than the assumption that the central bank has significant control over the amount of reserves banks hold with it. Read more of this post

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The Land Is Ours

a Landrights campaign for Britain

The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

Join our monthly competition and share story ideas...

The Real Economy

Blogs and stuff from Ed Conway

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

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