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If you mean by lending it, etc., that is regulated by the government - interest rates, reserves, oversight, much more.
by wolverine876 3y ago
If you mean by lending it, etc., that is regulated by the government - interest rates, reserves, oversight, much more.
- rufus_foreman 3y agoWell pretty much everything is regulated by the government but banks still create money. As for reserves, have you, or anyone you know with a good credit record, ever applied for a loan and gotten told, "We would like to lend you money, but we are all out of money to lend due to reserve requirements. Can you check back in next week?" That doesn't happen. The bank creates the money and deals with reserve requirements later.