How Banks Create Money Out Of Thin Air

January 10, 2008 · Filed Under Main Page, Money and Real Estate Investing · Comments Off 

Bankers are magicians who know how to create money. In fact, banks are in business to make money. They make money using the deposits of their customers. This is why banks provide bank checking accounts and loans. They need money to make more money. The deposits of customers become the raw materials the banks use to make more money. Read more

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