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Did you know that banks can “create” money?
The vast majority of people have only the vaguest idea of how banks and financial institutions in general, operate. They just go about their lives never understanding what happens every time they deposit money into their bank. I guarantee you if they did know what went on behind the scenes, they would demand much more than the pitiful, if any, interest rates they are getting now. Now I’m going to give you a behind the scenes look at how banks create money. Note: This page does not collect e-mail addresses. |
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