The government is not and cannot be a bank... if an organisation (perhaps with the appearance of being a bank) can increase the money supply it is not a bank it is part of the government.
Only government increases the money supply not banks.
Banks cannot increase the money supply... even the central bank as well as member commercial 'banks' is not really a bank it is just (nothing more than) part of the government.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment