Discussion about this post

User's avatar
Patrick Barron's avatar

Alasdair always provides the big, long term picture that no one else seems interested in.

Expand full comment
MacleodFinance's avatar

If the bank issues a bond in any currency, it is not an asset but a liability to the bank. But it will increase the amount of credit it can create.

Expand full comment
4 more comments...

No posts