Positive Money Supporters Conference Sat 1st March 2014, Conway Hall, London

[jondwhite]

Remember the idea that private commercial banks can lend more than they have in reserves? lol. Well its still going, indications suggest many attendees will be at Positive Money Supporters Conference Sat 1st March 2014, Conway Hall, London

http://www.positivemoney.org/conference/

Certainly one to leaflet if there are willing members.

Standard Full Ticket price is £35, but you could just create that sum out of thin air if you establish a private commercial bank I suppose haha.

[DJP]

jondwhite wrote:

Remember the idea that private commercial banks can lend more than they have in reserves? lol.

They can do that. They borrow it from other banks on the wholesale market.

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