* Money
The truth is out: money is just an IOU, and the banks are rolling in it
   British banknotes – money
   'The central bank can print as much money as it wishes.' Photograph:
   cat out of the bag. In a paper called "Money Creation in the Modern
   debate on public policy. People put their money in banks. Banks then
   lend that money out at interest – either to consumers, or to
   The central bank can print as much money as it wishes. But it is also
   could print money themselves, they would surely put out too much of it,
   created to carefully regulate the money supply to prevent inflation.
   It's this understanding that allows us to continue to talk about money
   "there's just not enough money" to fund social programmes, to speak of
   the central bank does not fix the amount of money in circulation, nor
   is central bank money 'multiplied up' into more loans and deposits."
   When banks make loans, they create money. This is because money is
   take the cash and put it under their mattresses; ultimately, any money
   is set the rate of interest, the cost of money, not its quantity. Since
   easing" they've been effectively pumping as much money as they can into
   What this means is that the real limit on the amount of money in
   might happen if mortgage holders realised the money the bank lent them
   The truth is out: money is just an IOU, and the banks are rolling in it