Positive Money has released a new video which explains exactly how banks create money out of nothing. - See eepurl.com/tbqZX
"Do you want to really understand how banks
can create money out of nothing? While it may seem like a complicated
subject - it's not that difficult. In this new video you can learn how
commercial banks can create money through the accounting process they
use when they make loans, how banks make payments between each other
using specially created central bank money, if the Bank of England
really can control how much money is in the economy ...and more."
Thursday, December 20, 2012
Positive Money has released a new video which explains how banks create money out of nothing
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