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Money is created through loans. It's not created by corporations (other than commercial banks who are in the business of loaning).
by cmurf 10y ago
Money is created through loans. It's not created by corporations (other than commercial banks who are in the business of loaning).
- davorb 10y agoMoney is just an unit of account, and in this context rather uninteresting. I could give you a billion Reichsmark, and you would be no better off than you would have been if I gave you a roll of toilet paper. Corporations and individuals create wealth, which benefits us all.