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Banks Do not Lend Money!
"Understanding Banks: The Truth About Money Creation and Lending" [00:02] Banks don't lend money - Banks are creators of the money supply, not just intermediaries. - Deposits in banks are not actually deposits but loans to the bank. [01:24] Bank..."Understanding Banks: The Truth About Money Creation and Lending" [00:02] Banks don't lend money - Banks are creators of the money supply, not just intermediaries. - Deposits in banks are not actually deposits but loans to the bank. [01:24] Bank...
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