| Subject: | [socialcredit] "money in our pockets" | | Date: | Monday, May 23, 2005 11:54:23 (EDT) | | From: | Triumphofthepast <Triumphofthepast @...com>
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The figure of $2,380.6 billion I quoted for "money in our pockets" as of December 2001 is coded "LIQ" (liquid assets) and defined as "holdings of checking, savings, money market, and call accounts" by "all families."
I wonder if the information conveyed by John means that ALL loans from noncommercial-bank deposit-taking institutions are money creation or only some of them. If the latter, how do we know how much money they created?
Michael
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"money in our pock
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