How Banks Create Money – Secrets Of Money Part 7By Mwangi WaithakaMarch 5, 2024 In the previous article, we discussed how central banks create money. However, it’s important to note that commercial banks also…
How Central Banks Create Money – Secrets Of Money Part 6By Mwangi WaithakaFebruary 29, 2024 This article will explain the mechanism through which central banks create currency. Previously, we discussed why a central bank was…
The Central Bank and Fractional Reserve Banking – Secrets Of Money Part 5By Mwangi WaithakaFebruary 25, 2024 In this article, we will discuss two main topics. One is about why a central bank was created and the…
Paper Money and the Emergence of Banknotes – Secrets Of Money Part 4By Mwangi WaithakaFebruary 17, 2024 Paper money has an intriguing history. To start off, we’ll summarize what the previous article was about. We had learnt…
The History of Metal Money – Secrets Of Money Part 3By Mwangi WaithakaFebruary 14, 2024 Money is considered one of the most significant creations ever made. Nevertheless, money differs from other great inventions of people…
In Money We Trust – Secrets Of Money Part 2By Mwangi WaithakaFebruary 11, 2024 Money is a collective belief system grounded in trust. Money is the greatest trust system devised by humans. Society collectively…
Money and Currencies – Secrets Of Money Part 1By Mwangi WaithakaFebruary 7, 2024 Money is a means to exchange time. It’s as a holding tank for your financial resources until you’re ready to…
