3 ms·
> No real money or gold is moved. Money is moved; this is the problem with your analysis, see page 19 of the infamous Bank of England's "How Money is Created"
by lesuorac 2y ago
> No real money or gold is moved.
Money is moved; this is the problem with your analysis, see page 19 of the infamous Bank of England's "How Money is Created" paper [1].
[1]: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...