ALTERNATIVE THY MONEY of

Session 2

Session 2
JOIN THE DARKSIDE
 Subsistence
Economy
Money as
Iou
to
=
I Exchange Economy
claim
store
g- Valve
7- Unit Atc
Isstirg of
Holding
Assets liability .

Medwin -f Exchange
Liabilities
Financial Assets →

SOCIAL INSTITUTION
Banks
Me
Centre Bank →
Pride Sasr

Currency
→

}
-

Bana
→ Banks
Centro
-

Reserves satin
→ Parrot
Bank
-
Deposits > 90%

JOIN THE DARKSIDE

 -
Samaras Create Deposits

b- Deposits
constrain lending

mnf=t
" "

a- r

" "

B Reserves ✗ MMM -2
-

c- →

-
-

BROAD
NOMINAL Spending E
Monty
H
Pressures
INFLATIONARY
JOIN THE DARKSIDE
?⃝
 A- L A L A L

|B hfy
Honing R
I
④
5 Non
Got
may
☐
est
c- G
c-

Cenetnnn ( BAN king

Consumers
B. Anne Sector

¥→mmmo&
(
{
¥4
.tw/FiniyNonmT
⑤My
beponr

R R
Govt ⑤ *
Honky
Debt c- I
JOIN THE DARKSIDE
?⃝
 Fountains
Mong
(0A# Create Deposits
Rhymney was destroys deposits
# JOIN THE DARKSIDE
 You Showroom

:÷¥☐÷+÷Ej☐ showroom 's Banh

our Banh

¥ ☐⇐•☐÷
JOIN THE DARKSIDE
_✓bii= stz.dk
#↳→"P-f
poofrtnbhyefbanho

JOIN THE DARKSIDE

"

Bank ,, (Home .MN Monterey

themselves
.
Hms ] foley

niÉ
hMAniarfos-
Risks

RE4ocARYRou4Es-
JOIN THE DARKSIDE
 Buyer s

Eo@ItT BusesosmfKTE. I. E . I
☒° a

☐÷PDD\
B'svBwh→s'BawÉ ✓ Iou
"
In
"

rqFETTEFTJ-%7a.i-sa.ae ]

¥÷-
É¥¥EE⇐¥E9 JOIN THE DARKSIDE
?⃝
 SBA

F. ☒¥n*bIa
☒

hhhny-nm.iq
RE
-

↳
,

JOIN THE DARKSIDE

Risks → cmtR

=É☒☒#¥E
-

LiqMyR
JOIN THE DARKSIDE
 ±

8-

JOIN THE DARKSIDE

Movement 404g
shnrt-tcm.intesmtonw-ipnu.-4fb.ae
money
"
tonne of
broad
money
i.
-

CEI ;] brood

JOIN THE DARKSIDE

QWANMJ.ms#AnmiDNCovcwtionemNow RL

JOIN THE DARKSIDE