Modern Money Mechanics: Difference between revisions
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== See Also == | == See Also == | ||
*[https://www.other-news.info/2020/02/young-people-arent-crazy-capitalism-is-in-trouble-and-its-up-to-us-to-save-it/ Young People Aren’t Crazy. Capitalism Is in Trouble, and It’s Up to Us to Save It.] | *[https://www.other-news.info/2020/02/young-people-arent-crazy-capitalism-is-in-trouble-and-its-up-to-us-to-save-it/ Young People Aren’t Crazy. Capitalism Is in Trouble, and It’s Up to Us to Save It.] | ||
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[[Category:Issue-Money]] | [[Category:Issue-Money]] | ||
[[Category:Issue-Federal Reserve]] | [[Category:Issue-Federal Reserve]] | ||
[[Category:Issue-Capitalism]] | |||
Revision as of 03:48, 5 February 2020
https://en.wikisource.org/wiki/Modern_Money_Mechanics
Money Creation
The purpose of this booklet is to describe the basic process of money creation in a "fractional reserve" banking system.
- This complete booklet is was originally produced and distributed free by: Public Information Center Federal Reserve Bank of Chicago P. O. Box 834 Chicago, IL 60690-0834 telephone: 312 322 5111 But it is now out of print.
Info
- Download the 40 page document here: Modern_Money_Mechanics.pdf