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A comment on A quick breakdown of what SWIFT is and why it matters. Parent comment

Re:A quick breakdown of what SWIFT is and why it matters by andrepd on Friday February 25, 2022 @01:02PM (#30470127)
> But they'll need assets on the right side of their balance sheet.

[citation needed]

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Re:A quick breakdown of what SWIFT is and why it matters by vishnugupta on Friday February 25, 2022 @02:54PM (#30471590)
https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...

"Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money."

So on the asset is a loan made by the bank.

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Re:A quick breakdown of what SWIFT is and why it matters by nradov on Friday February 25, 2022 @03:40PM (#30472112)
What kind of citation are you looking for? That's not a controversial issue, it's just the basic reality of how fractional reserve banking has always worked. I'm sure that was covered in your Econ 101 class so open up your old textbook.
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