2
votes
6answers
382 views
Why do governments borrow money instead of printing it?
This question is raised in the movie Money as Debt (at time index 29:00).
The answer that immediately pops to my head is "because printing money causes inflation".
However, accor …
4
votes
5answers
204 views
Is “Fractional Reserve” banking real?
A good friend of mine keeps telling me how all money is created from debt, with only a tiny fraction coming from the bank's actual reserves. Which he refers to as "Fractional Reser …
