Economics



Economics

Endogenous money is the hypothesis that, opposing to what mainstream economics would have one consider, private banking sector in contemporary entrepreneurial economies really generate money out of thin air. In my understanding, hypothetical economists take hold very quickly of how much of an impact such an assumption would have, if it were accepted as true. Less hypothetically tending observers, policy makers, who are generally more involved in policy matters, however, frequently articulate puzzlement over what exactly all the argument is about.

Cutting back public expenditure will get worse the economic depression into which we are dropping. The beginning of 2009 ...