One would hope that Cameron and Osborne fully understand the mechanics of modern money creation (although a recent survey by Positive Money shows 90% of their fellow MPs do not). Most of our money is created by private banks when they make loans. It doesn't have to be this way. Another world is possible.
The post Quantitative Easing for People: The UK Labour Frontrunner’s Controversial Proposal appeared first on BSNEWS.
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