Thursday , November 21 2024
Home / Video / Double Entry Bookkeeping With Ravel: Central Bank Bond Purchases

Double Entry Bookkeeping With Ravel: Central Bank Bond Purchases

Summary:
Legislative laws--rather than the laws of double-entry bookkeeping--require Central Banks to buy Treasury Bonds from the private banks in Open Market Operations, rather than directly from the Treasury. This video explains this process.

Topics:
Steve Keen considers the following as important:

This could be interesting, too:

New Economics Foundation writes Building hope

New Economics Foundation writes Are oil and gas workers the coalminers of our generation?

Mike Norman writes Tariffs As A Fiscal Tool? — Brian Romanchuk

John Quiggin writes Trump’s dictatorship is a fait accompli

Legislative laws--rather than the laws of double-entry bookkeeping--require Central Banks to buy Treasury Bonds from the private banks in Open Market Operations, rather than directly from the Treasury. This video explains this process.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

Leave a Reply

Your email address will not be published.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