Banks can create new fiat currency when they make a loan. New loans throughout the banking system generate new deposits elsewhere in the system. - Banking - 35banking · 5ea25904da088

Renegade Inc. talkshow - The Finance Curse

Renegade Inc. talkshow - The Finance Curse

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Albert
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For many years, we’ve been told that finance is good and more finance is better. But it doesn’t seem everyone in the UK is sharing the benefits. On this program, we ask a very simple question – can a country suffer from a finance curse?

Host Ross Ashcroft is joined by City veteran David Buik and the man who coined the term Quantitative Easing, International Banking and Finance Professor Richard Werner.
Watch Renegade Inc. here: https://www.rt.com/shows/renegade-inc/

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