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Opinion
Money & Macro on MSNOpinion
The hidden risk: How private banks create money and why it’s dangerous
Banks do more than just store money - they create money every time they issue loans. This ability to generate credit fuels economic growth, but it also creates dangerous financial cycles that can lead ...
What is a bank? A bank is a financial institution authorized to provide service options for customers who want to save, borrow or accrue more money. Banks typically accept deposits from, and offer ...
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