The Noble Lie — Revealed
Neil Wilson
234

A software engineer (“hbl”) has written an online balance sheet visualisation of horizontal and vertical money flows within an economy:

It’s an interesting tool…with some question marks. For example, it suggest that the Central Bank balance sheet doesn’t change when the Government spends.

Please can anyone recommend an alternative academic resource that presents the same information, so that I can trace the movement of money step by step?

One clap, two clap, three clap, forty?

By clapping more or less, you can signal to us which stories really stand out.