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+1. To add, the vast amount of money that's circulating is created by banks. As I keep harping, refer to this article by BoE for details. https://www.bankofen
by vishnugupta 4y ago
+1.
To add, the vast amount of money that's circulating is created by banks. As I keep harping, refer to this article by BoE for details.
https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...