Comment on Calibrated Basic Income by Derek Van Gorder [pdf]parentComments−KolmogorovComp1yUS banks create, though lending, 10.7 Trillion per year.for which interest rate? how much was it creating when it was at its lowest rate?−65101ySeems a great question for the author. He should put some numbers with the theory.
Comments
for which interest rate? how much was it creating when it was at its lowest rate?
Seems a great question for the author. He should put some numbers with the theory.