Building a New Economics
The Debunking Economics Podcast
How does liquidity impact the economy?
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How does liquidity impact the economy?

We all depend on having enough money to cover our liabilities – whether we are an individual, a business or a bank. But is too much money tied up to meet our future obligations?
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For most of us liquidity is an easy concept to understand. Have we got enough cash to pay our bills? For small businesses it is a simple case of managing your cashflow and ensuring your cash on hand exceeds your current liabilities. For banks it’s a mix of ensuring you have the capital to meet demands from depositors, as well as the reserves to meet int…

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Building a New Economics
The Debunking Economics Podcast
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.ems-based alternative to mainstream economics