Tag archives for loans
Banking and money creation (part 2)
Previously, in Part One, I looked at where the money comes from for bank loans and mortgages. Here, I describe one of the many restrictions on the amounts that banks…
Banking and money creation (part 1)
Do banks lend savers' money out? Do they really create money? What are the constraints on how much money banks lend out? Did you see some animation that claimed to…
Kept your Promises? No you Haven’t.
On Sunday John Hemming, Lib Dem MP for Birmingham Yardley, claimed that not only had the Lib Dems stuck to their pre-election pledge to introduce a fairer system of university…