Where does money come from?

//Where does money come from?

Where does money come from?

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Have you ever wondered where the money in our economy comes from?

A recent Sydney Morning Herald article discusses where money comes from and the role banks play in this.

“The majority of money in a modern economy is created when commercial banks lend it to people. Not only are they one of the biggest players in the money supply game, they’re also one of the biggest players in the money creation game”

To see the full article, click here.

By | 2014-10-16T16:42:52+00:00 July 28th, 2014|Uncategorized|Comments Off on Where does money come from?

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