Disliked{quote} I have noticed lately your legendary ignorance, allow me to give u a hand : " In the modern economy, most money takes the form of bank deposits. But how those bank deposits are created is often misunderstood: the principal way is through commercial banks making loans. Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money." http://www.bankofengland.co.uk/publi...eycreation.pdfIgnored
He can use all the helping hands around, it seems.......