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Podcast: JASON T POWERS's show
Episode: Banking: Credit Creation Theory, Rediscovered (Important Watch)
Description: Macroeconomics on what “Banking” is in their modelsThe prevalent theory now - and is done on purpose - are banks don’t have a direct impact on macroeconomic models. Banks operate as Intermediaries. Banks don’t function as creators of (a Quantity of Money) out of nothing. Well, they do. (Werner, 2014)Also, how the ELITE people didn’t want, especially in 2007-8 onward, particularly the elite financial class, you commoners to blame them; or KNOW they have done this shit before to Japan and back through the years, using Central Banking and their lesser banks to p...