#moneycreation — Public Fediverse posts

"Central bankers are not detached, objective technocrats, but powerful political actors, whose decisions favour the powerful, and hurt the weak."

Ann Pettifor: https://annpettifor.substack.com/p/technocrats-as-handmaidens-to-authoritarianism

#interestRates #centralBanks #Fed #money #credit #economics #FederalReserve #technique #technocrats #technocracy #yields #economists #monetaryPolicy #budget #debt #deficits #Crimea #moneyCreation #monetaryCreation #exploitation

@climate 2/2

"Wielding the power of #credit, commercial banks get to determine the allocation of investment and therefore determine what gets produced."

Sovereign states can easily "impose rules that limit the quantity of finance that commercial banks can invest in problem sectors."

https://www.jasonhickel.org/blog/2024/8/20/credit-guidance-how-we-achieve-degrowth

#climatePolicies #transition #ecologicalTransition #creditGuidance #money #moneyCreation #banks #banking #finance #footprint #GHG #CO2 #carbon #production #climateChange #politicalEconomy

@climate 2/2

"Wielding the power of #credit, commercial banks get to determine the allocation of investment and therefore determine what gets produced."

Sovereign states can easily "impose rules that limit the quantity of finance that commercial banks can invest in problem sectors."

https://www.jasonhickel.org/blog/2024/8/20/credit-guidance-how-we-achieve-degrowth

#climatePolicies #transition #ecologicalTransition #creditGuidance #money #moneyCreation #banks #banking #finance #footprint #GHG #CO2 #carbon #production #climateChange #politicalEconomy

@climate 2/2

"Wielding the power of #credit, commercial banks get to determine the allocation of investment and therefore determine what gets produced."

Sovereign states can easily "impose rules that limit the quantity of finance that commercial banks can invest in problem sectors."

https://www.jasonhickel.org/blog/2024/8/20/credit-guidance-how-we-achieve-degrowth

#climatePolicies #transition #ecologicalTransition #creditGuidance #money #moneyCreation #banks #banking #finance #footprint #GHG #CO2 #carbon #production #climateChange #politicalEconomy

@climate 2/2

"Wielding the power of #credit, commercial banks get to determine the allocation of investment and therefore determine what gets produced."

Sovereign states can easily "impose rules that limit the quantity of finance that commercial banks can invest in problem sectors."

https://www.jasonhickel.org/blog/2024/8/20/credit-guidance-how-we-achieve-degrowth

#climatePolicies #transition #ecologicalTransition #creditGuidance #money #moneyCreation #banks #banking #finance #footprint #GHG #CO2 #carbon #production #climateChange #politicalEconomy

@climate 2/2

"Wielding the power of #credit, commercial banks get to determine the allocation of investment and therefore determine what gets produced."

Sovereign states can easily "impose rules that limit the quantity of finance that commercial banks can invest in problem sectors."

https://www.jasonhickel.org/blog/2024/8/20/credit-guidance-how-we-achieve-degrowth

#climatePolicies #transition #ecologicalTransition #creditGuidance #money #moneyCreation #banks #banking #finance #footprint #GHG #CO2 #carbon #production #climateChange #politicalEconomy