Give me a loan so there will be more DD in the system. How Banks Create Money [ MS ] MS = Currency + DD of Public Banks [thru loans] Create More DD.
Review of the previous lecture 1. Fractional reserve banking creates money because each dollar of reserves generates many dollars of demand deposits. 2.The.
Elizabeth A. Grob Ahlers & Cooney, P.C. 100 Court Avenue, Suite 600 Des Moines, IA 50309-2231 Telephone: 515-243-7611 FAX: 515-243-2149 [email protected].
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