Skip to content

Richard Murphy says:
August 18 2022 at 6:49 am
The world has changed

We now know how fiat currencies work

We now get MMT

So why suggest outdated thinking says I am wrong?

But banks still do pay interest on deposits. Why do they if they don’t need to?

1 thought on “Sigh”

  1. A graduate from the Al-Azhar University presumably.
    Funny isn’t it, the correlation between countries with banks that pay no interest and countries with low incomes.

Leave a Reply

Your email address will not be published. Required fields are marked *