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Do Auto Loans increase the money supply? (self.economics)

submitted 1 week ago* (last edited 1 week ago) by toastmeister to c/[email protected]

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Do Auto Loans increase the money supply, I cant seem to find a source for it. Its not a question on a test or anything, I was just curious, I'd always figured it was only business loans and mortgages that did so.

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[–] [email protected] 2 points 1 week ago (1 children)

I don’t know how good you are at maths but I also found this guy to be interesting but I don’t have the technical expertise to verify or debunk his claims

https://youtu.be/_h4U5SMrwag

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago) (1 children)

Keen is amazing. Eventually I plan to try out his Ravel application. I’m a software developer, and only recently became interested in economics through Marxist economists like Michael Hudson, Radikha Desai, and Yanis Varoufakis. They all subscribe to the fundamental tenets of MMT.

[–] [email protected] 2 points 1 week ago

Yeah they’re all great, I read Engles synopsis on capital to get an intro to Marxism and I’ll try actually get through all of capital someday I really want to try the new English translation because I’m not amazing at reading in German.

If you’re a software guy then I definitely want to recommend you check this guy out: https://www.youtube.com/@paulcockshott8733

He’s super approachable and he did a lot of work on economic planning along with Moshe Machover and a couple other guys.