Richard Murphy on Nostr: How banks create money ...
How banks create money
https://www.taxresearch.org.uk/Blog/2024/05/09/how-banks-create-money-2/ The process of creating money is so hideously simple that most people find it very hard to believe. They also find it very hard to understand that vast quantities of money is destroyed every year. This really does need to be appreciated if the economy is to be understood.
Published at
2024-05-09 06:53:29Event JSON
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