banking system

The aggregate of all banks, called a “system” because are highly interconnected.

Comment Form

  • dale: Nalliah, while I generally agree with your view of the Federal Reserve, I think you have misundersto [...]
  • Nalliah Thayabharan: US President John F. Kennedy planned to exterminate the privately owned Federal Reserve System. In 1 [...]
  • zach nelson: "10. Don’t vote for anyone who wants to balance the federal budget!!!!" Since both democrat and [...]
  • MMT vs. Mainstream | Modern Money Mechanics: [...] Alike 2.5 Switzerland License and I dare say any other country as well. It first appeared here [...]
  • walid M: An excellent and easy to reference guide to what MMT is ... [...]