Heterodox
Actually, not really. Only governments have "printing presses" and other attempts to "print money" are called counterfeiting. Steve Roth knows this, of course, so he must being using "printing money" in another sense. Banks don't have printing presses in the basement, literally or figuratively. Governments that issue their currencies as government liabilities do. Banks increase M1 money supply by adding assets as receivables to their balance sheets as receivables and booking...
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