Money Multiplier Effect

Absolutely disgusting

scammy AF

💯 network effects and shit tests to keep people in line.

Seem reasonable.

😆😆😂

Ahh, so it comes from a magic hat. Always wondered where it comes from.

Thats actually on point. Central banks only directly create 3% of the money but their other policies affect how much the downstream banks loan.

Well, at least one government is honest about printing money

This has always been the case? Banks create money when then issue loans. It's the public's insatiable appetite for debt that creates fake money. This is like first semester economics? I'm shocked you people are this uneducated on systems that already exists and that you participate in.

Gold!

Created also by deficit government spending