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MNY042 Plus: Federal Governments Outsource Money Creation to Banks

February 7, 2015 by David Stein

In this week’s Money For the Rest of Us Plus episode, I explain that while governments can theoretically create money by spending that in practice they have outsourced money creation to banks. I also share a paper that helps explain much of what was covered in Episode 42. Finally, I discuss the rebound in oil prices, the strong jobs report and my bond portfolio.

The episode length is 12 minutes.

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Filed Under: Money Plus Tagged With: deficits, money

J. David Stein
Darby Creek Advisors LLC
P.O. Box 51720 • Idaho Falls, ID • 83405
P: (208) 557-9020

jd@moneyfortherestofus.com

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