Posted: Apr 05, 2013 1:49 am
by GT2211
@Panderos did you by chance see the Keen/Krugman online debate over banks/money?

Here was Scott Fullwiler's reply which I think might(?) help explain the previous point as to why I think BA's post earlier was wrong.
http://www.nakedcapitalism.com/2012/04/ ... -sign.html

David Glasner also provided a good summary with links to the posts around the blogosphere if you are interested.
http://uneasymoney.com/2012/04/11/endogenous-money/