Creating Money Out Of Thin Air

Banks have this magical ability… 🪄✨💰💵

Simply put: if you have an asset and someone is willing to buy it, the bank can create money out of thin air to facilitate the transaction - just like that!

“95% of what we think is money, is just digits, it’s just credit money”

“We need more and more debt to create more and more digits so people feel richer”

And now we have this thing called inflation… 😒🫣

Listen to the full replay ⤵️

https://realitycheck.radio/money-talks-exploring-commercial-property-and-more/

Reality Check Radio (https://t.me/rcr_nz)