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Comment by nobodyandproud

1 year ago

The money supply is not zero sum. Private lenders create money when they lend and are paid back the loan with interest.

It’s also why there’a always some level of inflation: Modest inflation is a sign of a healthy economy.

1 comment

nobodyandproud

Reply

ziml77  1 year ago

This video starts with a good explanation of how lending creates new money https://youtu.be/8xzINLykprA

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