3 ms·
the money is not from other entities. it is literally made up based on a fraction of the reserves the bank holds. https://en.wikipedia.org/wiki/Fractional-rese
by ptah 7y ago
the money is not from other entities. it is literally made up based on a fraction of the reserves the bank holds.
https://en.wikipedia.org/wiki/Fractional-reserve_banking https://en.wikipedia.org/wiki/Fractional-reserve_banking