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Re:40% of US dollars in existence were printed in the last 1... by rco8786 on Sunday October 10, 2021 @11:57AM (#28819385)
Don’t follow #2. Governments do indeed print money. Banks do not. What am I missing.
Re:40% of US dollars in existence were printed in the last 1... by romanhn on Sunday October 10, 2021 @12:04PM (#28819470)
Check out fractional reserve banking - banks do indeed add to the overall money supply with every new loan.