Trending Stocks 📈Printing Money, Buying the World - Peter Schiff and Tucker Carlson
Power_to_the_People (he/him)RE: https://mastodon.social/@FluentInFinance/115970297280530554
It gets even wilder when people learn that approx. 90% of money creation is not the fiat dollars that the gov't creates, but rather the ones created by bank lending!
That's right; as Prof. Steve Keen says, "Bank lending creates money."
You don't learn that in your college econ 101class (if it's teaching Neoclassical economics, as most are).
So one of the dumbest things done in my lifetime was bank deregulation.
#economics #moneycreation #bankloanscreatemoney #ProfSteveKeen #BankDeregulation
Monetary Inflation: Who's in Control? - Steve Keen and Peter McCormack
Eric Maugendre about carbon"Why are the targets for reducing emissions not being met or now even agreed? The answer is money. Despite the harm, the world’s governments provided $956bn in direct fossil fuel subsidies in 2023."
Michael Roberts: https://thenextrecession.wordpress.com/2025/11/23/cop-30-its-no-joke/
#climateChange #capitalism #economics #macroEconomy #oilAndGas #fossilFuels #climatePolicies #climatePolitics #transition #energyTransition #creditGuidance #money #moneyCreation #banks #banking #finance #GHG #CO2 #carbon #climateBreakdown #politicalEconomy
Prof Lutzah ah! J'ai enfin (re)trouvé une référence où est expliquée la dépendance du capitalisme à la croissance, via la création monétaire et la dette encourue lors d'un prêt (non, je n'ai pas lu Graeber, pas le temps)
https://www.youtube.com/watch?v=sdy9tKCAe_s&t=1245s
la totalité du video vaut la peine: Nate énumère ses réalisations personnelles et non pas des découvertes humaines au travers de l'histoire.
#NateHagens #capitalism #FractionalReserveBankingSystem #moneyCreation #macroeconomic
11 Discoveries That Changed My Worldview | Frankly 113
"Central bankers are not detached, objective technocrats, but powerful political actors, whose decisions favour the powerful, and hurt the weak."
Ann Pettifor: https://annpettifor.substack.com/p/technocrats-as-handmaidens-to-authoritarianism
#interestRates #centralBanks #Fed #money #credit #economics #FederalReserve #technique #technocrats #technocracy #yields #economists #monetaryPolicy #budget #debt #deficits #Crimea #moneyCreation #monetaryCreation #exploitation
@climate 2/2
"Wielding the power of #credit, commercial banks get to determine the allocation of investment and therefore determine what gets produced."
Sovereign states can easily "impose rules that limit the quantity of finance that commercial banks can invest in problem sectors."
https://www.jasonhickel.org/blog/2024/8/20/credit-guidance-how-we-achieve-degrowth
#climatePolicies #transition #ecologicalTransition #creditGuidance #money #moneyCreation #banks #banking #finance #footprint #GHG #CO2 #carbon #production #climateChange #politicalEconomy
Credit guidance: how we achieve degrowth — Jason Hickel
Degrowth scholarship calls for reducing less-necessary production in rich countries to enable faster decarbonization and reverse other ecological pressures. But how can this be achieved? What is the mechanism? For many years ecological economists advocated setting “caps
PitchFork Economics: "Today, each dollar in circulation generates up to 70% less economic activity than it did just ten years ago."
Ann Pettifor: "Where does money come from? Money comes from individuals applying for loans in the first instance; or money originates as credit."
Ann Pettifor: "Money is created by you and me. And we need a bank to help us do that."
#credit #confidence #moneyCreation #activity #business #growth #MMT #banking #monetarySystem #money
"In a sense, there is a massive private sector stimulus program underway in the U.S.. There is an AI datacenter spending program, one that is reallocating gobs of spending, as well as injecting even more.
[…]
"AI capex was likely the early-2025 difference between a mild contraction and a deep one, helping mask underlying economic weakness"
https://paulkedrosky.com/honey-ai-capex-ate-the-economy/
#moneyCreation #bubble #finance #dataCenters #energy #Cloud #electricity #recession #GAFAM #genAI #Microsoft #economy #emissions #CO2
Financial institutions should have stopped supporting #coal companies years ago. So far, only 88 top financial institutions – less than 23% – have adopted a coal policy including an explicit restriction for coal developers
Find more at https://coalpolicytool.org/ 🧵
#credit #money #moneyCreation #funds #climatePolicies #banks #finance #coal #footprint #GHG #CO2 #carbon #economy #production #industry #energy #emissions #globalHeating #climateBreakdown #climateChange #macroEconomy
Coal Policy Tracker
Analysing the quality of coal policies The good, the bad and the in-between of the coal policies adopted by 300 major financial institutions of major financial institutions have adopted a coal policy. major financial institutions have adopted commitments to stop financing coal developers. of