Download - #13 Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask

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The MMT Podcast with Patricia Pino & Christian Reilly

News:Politics

#13 Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask

2019-03-06

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MMT economist Steven Hail helps Christian understand the intricacies of a modern money banking system as they discuss the interplay of government spending, private sector transactions, reserve and bond accounts at the central bank and how these things impact on interest rates, plus the effect of quantitative easing.

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