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> Banks don't print money. The government can. If you mean "physically print" money, you're technically right. In some countries. But I think in this discussi
by audunw 3y ago
> Banks don't print money. The government can.
If you mean "physically print" money, you're technically right. In some countries.
But I think in this discussion, most of us are thinking about "virtually printing" money. That is, creating numbers in your bank account.
Again, you're technically right in that the government is the one steering this process. But the practical matter of actually "printing" the money is handled by the banks. It's their decision when and where to "print" money, as long as they have enough reserves at the end of the day.