Despite What You’re Told, Banks Do Not ‘Create Money’ (2022) (forbes.com) 2 points by chadash 3y ago ↗ HN
[–] SirChainsaw 3y ago ↗ Weird article, especially from Forbz. He seems to forget that all the deposits are still drawable at each stage...so the 1000 turns into ~10k in deposits :s.
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