5 ms·
http://positivemoney.org/how-money-works/how-banks-create-money/ http://positivemoney.org/how-money-works/how-banks-create-mo...
by RUG3Y 10y ago
http://positivemoney.org/how-money-works/how-banks-create-money/ http://positivemoney.org/how-money-works/how-banks-create-mo...
- mikeash 10y agoI'm aware of how fractional reserve banking works. It does not mean that the money is generated "out of thin air."