A short article about money creation in the modern economy by the Bank of England that will probably answer your questions https://www.bankofengland.co.uk/-/med

A short article about money creation in the modern economy by the Bank of England that will probably answer your questions https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...