Banks don't lend savings (1). They create the money that lend. 1 - http://archive.economonitor.com/lrwray/2013/08/15/banks-dont-lend-reserves-who-knew-mmt-that

Banks don't lend savings (1). They create the money that lend. 1 - http://archive.economonitor.com/lrwray/2013/08/15/banks-dont-lend-reserves-who-knew-mmt-thats-who/ http://archive.economonitor.com/lrwray/2013/08/15/banks-dont...