Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "The Difference Between Fiscal and Monetary Policy" video.

This theory of "Loanable funds" and some extraordinarily multiplier factor were longe ago proved wrong. Please stopp believing in this! The reserve ratio has different functions and is not applied equally between countries. Many even don't demand any reserve ratio any more, with no negative side effects, at least to my limited knowledge. Please focus on true models of money creation in our FIAT currency system
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@renedekker9806 ok, but still, to my knowledge the reserve ratio does not determine the amount of credit allowed. I mean, my bank apprenticeship is long ago and I haven't worked in that field for 2 decades now (and was taught many wrong things, too). However, it seem the reserve ration has not much importance anymore. I believe there are other, more relevant regulatory issues that control the amount of credits. In the end it comes down to how much positve equity the bank is supposed to have. Maximum lending rather relates to this - or am I much mistaken?
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@chrisperkins7331 yeah, i totalöy agree, it's a very delikate and complicated game which requires the right people to steer and adjust properly and moderately to the dynamics of economy. If fiscal (and maybe even monetary) policies would aim at beeing in balance/complementary with the economy or the private sector (meaning not a balanced governement household each year), then we might be much better off. But even with beat intentions it's hard to do so for each currency-souvereign nation, not to speak of an optimal interaction with all les souvereign countries 🙈
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Only if you compare it to the same narrative. Better watch some alternative explanations, based on Modern Monetary Theory or other hetrodox economic ideas. Here, for example, the wrong model of "Loanable funds" is still propagated
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