We have focused on how banks create money i spoke to a, Ask an Expert

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We have focused on how banks create money. I spoke to a banker the other day; he assured me that he did not create money. In fact, he stated that all he did was provide service to the community by lending whatever funds were available to the local merchants. There seems to be some difference of opinion between bankers and economists. Can you provide insight on this?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91870207

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