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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


Introduction


Why private banks cannot create inflationary money


Creation of money by the government


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