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Most people are convinced that private banks are responsible, or at least mostly responsible, for the current economic crisis

The Socialist Myth of the Greedy Banker

Why Private Banks Cannot Create Money

by Iakovos Alhadeff

Published by Iakovos Alhadeff at Smashwords

Copyright 2013 Iakovos Alhadeff

Table of Contents


Why private banks cannot create inflationary money

Creation of money by the government

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