Reply To: what happens when loans are repaid?
Thanks guys! That was exactly what I needed to know, if default could result in NFA, and how.
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Very good questions (Warrens said so too!) Need to update Wiki to use the concept of banks’ shareholders equity. When the bank receives income, these funds stop being counted as “deposit money”, and...
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oops! “borrower’s liability” should have been “borrower’s deposit.” but i’m not going to try to correct the entry above as there are probably more errors in addition to my typo… and since hugo is...
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hi jane. haha. no questions are dumb (or so my teachers have told me). can’t make any dumb/not-dumb promises about my answers though… maybe we can figure it out together. So then, what happens when...
View Articlewhat happens when loans are repaid?
Hi! Though I would ask dumb MMT questions here and not clutter up Cullen’s site too much. I just have to talk to understand, you know? So. OK. Horizontal money. Brain finally accepts that loans create...
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