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Digital Money Magic Explained
Wait. Where does this money actually come from? Is it just printed in some big factory somewhere? No, that can't be right. It's all digital. Banks create it when they lend to people. Clicking buttons creates money through loans, not presses. It is magic, but real magic of lending.
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Wait. Where does this money actually come from? Is it just printed in some big factory somewhere? No, that can't be right. It's all digital. Banks create it when they lend to people. Clicking buttons creates money through loans, not presses. It is magic, but real magic of lending.
