#deposits — Public Fediverse posts

https://keenlens.substack.com/p/the-bank-of-england-admitted-in-2014

'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

(NZ's Social Credit Party got a Court to agree five decades earlier.)

'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

(The OECD average is about twice that.)

'... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
'.....
'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

Scientists Uncover Evidence Of A Colossal MegaFlood That Refilled The Mediterranean Sea
--
https://scitechdaily.com/scientists-uncover-evidence-of-a-colossal-megaflood-that-refilled-the-mediterranean-sea/ <-- shared technical article
--
https://doi.org/10.1038/s43247-024-01972-w <-- shared paper
--
#GIS #spatial #mapping #remotesensing #Zanclean #megaflood #flood #flooding #Mediterranean #MediterraneanSea #MessinianSalinityCrisis #italy #sicily #spatialanalysis #erosion #geology #engineeringgeology #naturaldisaster #sedimentation #deposition #ridge #morphology #geomorphology #geomorphometry #spatialanalysis #model #deposits #breccia #sediment #softsediment #geologichistory #seismology #geophysics #seismics #geophysical #pleistocene #hydrodynamic #model #water #hydrology

Scientists Uncover Evidence Of A Colossal MegaFlood That Refilled The Mediterranean Sea
--
https://scitechdaily.com/scientists-uncover-evidence-of-a-colossal-megaflood-that-refilled-the-mediterranean-sea/ <-- shared technical article
--
https://doi.org/10.1038/s43247-024-01972-w <-- shared paper
--
#GIS #spatial #mapping #remotesensing #Zanclean #megaflood #flood #flooding #Mediterranean #MediterraneanSea #MessinianSalinityCrisis #italy #sicily #spatialanalysis #erosion #geology #engineeringgeology #naturaldisaster #sedimentation #deposition #ridge #morphology #geomorphology #geomorphometry #spatialanalysis #model #deposits #breccia #sediment #softsediment #geologichistory #seismology #geophysics #seismics #geophysical #pleistocene #hydrodynamic #model #water #hydrology

Scientists Uncover Evidence Of A Colossal MegaFlood That Refilled The Mediterranean Sea
--
https://scitechdaily.com/scientists-uncover-evidence-of-a-colossal-megaflood-that-refilled-the-mediterranean-sea/ <-- shared technical article
--
https://doi.org/10.1038/s43247-024-01972-w <-- shared paper
--
#GIS #spatial #mapping #remotesensing #Zanclean #megaflood #flood #flooding #Mediterranean #MediterraneanSea #MessinianSalinityCrisis #italy #sicily #spatialanalysis #erosion #geology #engineeringgeology #naturaldisaster #sedimentation #deposition #ridge #morphology #geomorphology #geomorphometry #spatialanalysis #model #deposits #breccia #sediment #softsediment #geologichistory #seismology #geophysics #seismics #geophysical #pleistocene #hydrodynamic #model #water #hydrology

Scientists Uncover Evidence Of A Colossal MegaFlood That Refilled The Mediterranean Sea
--
https://scitechdaily.com/scientists-uncover-evidence-of-a-colossal-megaflood-that-refilled-the-mediterranean-sea/ <-- shared technical article
--
https://doi.org/10.1038/s43247-024-01972-w <-- shared paper
--
#GIS #spatial #mapping #remotesensing #Zanclean #megaflood #flood #flooding #Mediterranean #MediterraneanSea #MessinianSalinityCrisis #italy #sicily #spatialanalysis #erosion #geology #engineeringgeology #naturaldisaster #sedimentation #deposition #ridge #morphology #geomorphology #geomorphometry #spatialanalysis #model #deposits #breccia #sediment #softsediment #geologichistory #seismology #geophysics #seismics #geophysical #pleistocene #hydrodynamic #model #water #hydrology

Scientists Uncover Evidence Of A Colossal MegaFlood That Refilled The Mediterranean Sea
--
https://scitechdaily.com/scientists-uncover-evidence-of-a-colossal-megaflood-that-refilled-the-mediterranean-sea/ <-- shared technical article
--
https://doi.org/10.1038/s43247-024-01972-w <-- shared paper
--
#GIS #spatial #mapping #remotesensing #Zanclean #megaflood #flood #flooding #Mediterranean #MediterraneanSea #MessinianSalinityCrisis #italy #sicily #spatialanalysis #erosion #geology #engineeringgeology #naturaldisaster #sedimentation #deposition #ridge #morphology #geomorphology #geomorphometry #spatialanalysis #model #deposits #breccia #sediment #softsediment #geologichistory #seismology #geophysics #seismics #geophysical #pleistocene #hydrodynamic #model #water #hydrology

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19 - Martin Gruenberg is set to exit as FDIC Chair, with Representative Tom E... - https://cointelegraph.com/news/fdic-chair-operation-chokepoint-2-architect-resign-jan-19 #federaldepositinsurancecorporation #congressionalhearing #workplaceculture #martingruenberg #niccarter #deposits

Binance Resumes Euro Transfers Through New Fiat Partners - Cryptocurrency exchange Binance is restoring fiat services for customers using the... - https://news.bitcoin.com/binance-resumes-euro-transfers-through-new-fiat-partners/ #cryptocurrencies #cryptoexchange #cryptocurrency #cryptotraders #cryptotrading #withdrawals #exchanges #transfers #deposits #exchange #payments #binance #paysafe #crypto #dollar #euro #fiat #eur #usd

Circle and BlockFi questioned on banking with SVB by Warren and AOC - Circle and BlockFi executives were questioned after the lawmakers... - https://cointelegraph.com/news/circle-and-blockfi-questioned-on-banking-with-svb-by-warren-and-aoc #alexandraocasio-cortez #siliconvalleybank #elizabethwarren #jeremyallaire #bankruptcy #zacprince #deposits #blockfi #credit

Signature Bank deposits, branches sold to Flagstar, crypto not included - The 40 branches of Signature Bank will officially reopen and oper... - https://cointelegraph.com/news/signature-bank-deposits-branches-sold-to-flagstar-crypto-not-included #unitedstatesfederaldepositinsurance #newyorkcommunitybancorp #digitalassetbusiness #signaturebank #flagstarbank #niccarter #deposits