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#youshouldknow — Public Fediverse posts

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  1. In the double-entry bookkeeping system, money is created via bank lending and government spending (adding to economy) and is destroyed via loan repayments and taxes (subtracting from economy).

    Central banks create a wealth pump mechanism into assets through money “printing”, which erodes purchasing power, and is driven by deficit spending, which creates money for the private sector.

    Profits are privatized; losses are socialized.

    #PSA #FYI #LifeTips #TheMoreYouKnow #YouShouldKnow

  2. In the double-entry bookkeeping system, money is created via bank lending and government spending (adding to economy) and is destroyed via loan repayments and taxes (subtracting from economy).

    Central banks create a wealth pump mechanism into assets through money “printing”, which erodes purchasing power, and is driven by deficit spending, which creates money for the private sector.

    Profits are privatized; losses are socialized.

    #PSA #FYI #LifeTips #TheMoreYouKnow #YouShouldKnow

  3. In the double-entry bookkeeping system, money is created via bank lending and government spending (adding to economy) and is destroyed via loan repayments and taxes (subtracting from economy).

    Central banks create a wealth pump mechanism into assets through money “printing”, which erodes purchasing power, and is driven by deficit spending, which creates money for the private sector.

    Profits are privatized; losses are socialized.

    #PSA #FYI #LifeTips #TheMoreYouKnow #YouShouldKnow

  4. In the double-entry bookkeeping system, money is created via bank lending and government spending (adding to economy) and is destroyed via loan repayments and taxes (subtracting from economy).

    Central banks create a wealth pump mechanism into assets through money “printing”, which erodes purchasing power, and is driven by deficit spending, which creates money for the private sector.

    Profits are privatized; losses are socialized.

    #PSA #FYI #LifeTips #TheMoreYouKnow #YouShouldKnow

  5. Einav Israel: Marlton Resident Finds Calling at Kellman Brown Academy

    Einav Israel (Courtesy of Einav Israel) Einav Israel, 34, is Israeli, but she had to move away from…
    #Israel #News #KellmanBrownAcademy #YouShouldKnow
    europesays.com/2985005/