Browsing: Fractional Reserve Lending

The current monetary system brings into being an unlimited currency supply, which in extreme cases creates inflation. The invention of…

Where Money Comes From Banks create currency. Money does not originate from economic activity. Many people have the misconception that…

My earlier articles introduced the subjects of how money is created by central banks and commercial banks, as well as…

In the previous article, we discussed how central banks create money. However, it’s important to note that commercial banks also…