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Date: 2025-04-04 Page is: DBtxt001.php txt00003387

'Jobs Bank' to create 'Jobs Money' II
A Central Bank can create money by buying assets from a Commercial Bank ... paying with money it is creating. A commercial bank can create money by giving 'credit' to its customers ... the customer has money to spend and the bank merely created a receivable from the customer. There is liquidity when this system expands and disaster when it contracts. Meanwhile the real economy of Main Street has a very different dynamic and is ignored. In the real economy needs are paid for with money coming from wages and jobs. A 'Jobs Bank' that creates money to fund job creating investment can address this problem.

For more on this contact Peter Burgess ... peterbnyc@gmail.com
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