Dave Volek
Jan 17, 2022

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I have read documents and watched videos on MMT. I took an economics course where MMT was discussed in Part 6. I can get to a point of where I sort of get it, but that grasp is lost a day later.

If you write that article, maybe addressing some of my un-understandings might help.

I think I have a reasonable grasp of using banks to factor money the money supply. For sure, our banks would operate much differently if deposits=loans---as many people still want to believe. I have not run into much material about how banks really make their profits because loans = 10 x deposits.

This "quantitative easing" sounds like wizardry to me. At some point, this house of cards has to collapse.

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Dave Volek
Dave Volek

Written by Dave Volek

Dave Volek is the inventor of “Tiered Democratic Governance”. Let’s get rid of all political parties! Visit http://www.tiereddemocraticgovernance.org/tdg.php

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