Money as Debt
For a long time now I have been wondering where all the money in the world is coming from.
If this little film is right, the truth is not very pretty to look at.
Absurdistan Travels
On the map above you can see where I have been, where I am and where I intend to go.
I will keep this map updated.
Alternatively you can have a look at and subscribe to my calendar by clicking on the button below.
1 Kommentar:
zum Thema Geld aus dem "Nichts" kreieren
http://en.wikipedia.org/wiki/Reserve_requirement
"Reserve requirements affect the potential of the banking system to create transaction deposits. If the reserve requirement is 10%, for example, a bank that receives a $100 deposit may lend out $90 of that deposit. If the borrower then writes a check to someone who deposits the $90, the bank receiving that deposit can lend out $81. As the process continues, the banking system can expand the change in excess reserves of $90 into a maximum of $1,000 of money ($100+$90+81+$72.90+...=$1,000), e.g.$100/0.10=$1,000. In contrast, with a 20% reserve requirement, the banking system would be able to expand the initial $100 deposit into a maximum of ($100+$80+$64+$51.20+...=$500), e.g.$100/0.20=$500."
http://de.wikipedia.org/wiki/Geldmenge#Geldmengendefinitionen
Kommentar veröffentlichen