<p>This snippet comes from <a href= "https://activistmmt.libsyn.com/ep-32-33-joe-firestone-graham-elwood-and-the-truth-about-the-federal-reserve"> episode 32</a> of Activist #MMT with Graham Elwood, at around the 32 minute, 30 second mark. Here is a link to the <a href= "https://www.youtube.com/watch?v=2PktOfyl_0w&list=PL_H3fasHNFQkGZI_FRJFo5eYIw0cptM1b"> full video</a>. In this snippet I introduce the basics of reserves, overnight settlement, reserve requirements, and interbank lending.</p>

This snippet comes from episode 32 of Activist #MMT with Graham Elwood, at around the 32 minute, 30 second mark. Here is a link to the full video. In this snippet I introduce the basics of reserves, overnight settlement, reserve requirements, and interbank lending.

<p>This snippet comes from <a href="https://activistmmt.libsyn.com/ep-32-33-joe-firestone-graham-elwood-and-the-truth-about-the-federal-reserve" rel="noopener noreferrer"> episode 32</a> of Activist #MMT with Graham Elwood, at around the 32 minute, 30 second mark. Here is a link to the <a href="https://www.youtube.com/watch?v=2PktOfyl_0w&amp;list=PL_H3fasHNFQkGZI_FRJFo5eYIw0cptM1b" rel="noopener noreferrer"> full video</a>. In this snippet I introduce the basics of reserves, overnight settlement, reserve requirements, and interbank lending.</p>

Snippet: Graham Elwood: How the Fed creates reserves for asset swaps in the banking reserve system

Welcome to Activist #MMT. A podcast about real-world economics including Modern Money Theory, and how life changes when you discover it.

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Snippet: Graham Elwood: How the Fed creates reserves for asset swaps in the banking reserve system

Snippet: Graham Elwood: How the Fed creates reserves for asset swaps in the banking reserve system

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