Money Creation—The Old Lady Finally Threads the Needle - UK Column News - 20th March 2023
1 year ago
36
Sources: https://www.ukcolumn.org/video/uk-column-news-20th-march-2023
- BoE: Money creation in the modern economy:
"Money in the modern economy is created by commercial banks making loans"
- BoE: Money creation by the aggregate banking sector making additional loans
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