Summary:
[embedded content]One minute. They get it right. Banks create new "money" simply by entries in accounts. No details of the process now, but at least they have the key point correct.The EconomistHow do banks actually create money? We explain
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[embedded content]One minute. They get it right. Banks create new "money" simply by entries in accounts. No details of the process now, but at least they have the key point correct.The EconomistHow do banks actually create money? We explain
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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One minute. They get it right. Banks create new "money" simply by entries in accounts. No details of the process now, but at least they have the key point correct.