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Is this an insiders take on what is actually happening or just some bloggers fever dream? Its always hard to tell with finance.
by ohdannyboy 5y ago
Is this an insiders take on what is actually happening or just some bloggers fever dream? Its always hard to tell with finance.
- kgwgk 5y ago“Whenever a bank buys something from a non-bank, new money is created.” Definitely the latter. Edit: Or maybe an insider’s fever dream: the writer/speaker/singer has an MBA, worked in banks and is currently writing "The Absolute Essentials of Banking". (!)
- deleted 5y ago[deleted]