Where Does Money Come From?
A Guide To The Uk Monetary And Banking System
Ranked #47 in Investment Banking
This book aims to firmly establish a common understanding that commercial banks create new money. There is no deeper mystery, and we must not allow our mind to be repelled. Only then can we properly address the much more significant question: Of all the possible alternative ways in which we could create new money and allocate purchasing power, is this really the best? less
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