#13 Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask
The MMT Podcast with Patricia Pino & Christian Reilly · Patricia Pino & Christian Reilly
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Show Notes
MMT economist Steven Hail helps Christian understand the intricacies of a modern money banking system as they discuss the interplay of government spending, private sector transactions, reserve and bond accounts at the central bank and how these things impact on interest rates, plus the effect of quantitative easing.
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