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https://en.wikipedia.org/wiki/Fractional-reserve_banking https://en.wikipedia.org/wiki/Fractional-reserve_banking - yes banks print money (figuratively). They m
by zby 8y ago
https://en.wikipedia.org/wiki/Fractional-reserve_banking https://en.wikipedia.org/wiki/Fractional-reserve_banking - yes banks print money (figuratively). They make loans and the money people receive on their accounts is money just created out of thin air.