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Banking and money creation (part 2)

AndrewSmith 4 February 2011 Banking and money creation (part 2)2011-02-04T12:15:54+00:00 33 Comments
Previously, in Part One, I looked at where the money comes from for bank loans and mortgages. Here, I describe one of the many restrictions on the amounts that banks…
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Banking and money creation (part 1)

AndrewSmith 3 February 2011 Banking and money creation (part 1)2011-02-03T13:00:40+00:00 14 Comments
Do banks lend savers' money out? Do they really create money? What are the constraints on how much money banks lend out? Did you see some animation that claimed to…
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