Posts Tagged ‘Debit-Credit

By: Andrea Terzi

You may think that the Fed, the central bank of the U.S., has complete control, or at least some control of how many banknotes circulate in the economy. The fact is that the Fed has no power in this.

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3rd Mecpoc symposium

When: 20 April 2010

Where: Franklin Auditorium

  • John: Mr. Mosler - I understand and agree with your explanation of the U.S. monetary system. I also agree [...]
  • Zachary Levy: "And without a switch to a command type economy, it’s impossible to have complete full employment. [...]
  • warren mosler: The Russian default was a typical fixed exchange rate blowup. The ruble was fixed at 6.45 to the [...]
  • Robert Searle: I think when we are talking about banks, and money we are actually discussing ELECTRONIC DATA. T [...]
  • Jonathan Stanford: Was the foreign USD debt burden enough to bring Russia to insolvency during the 1998 crisis? Because [...]