While brand brand new cash is produced by financial obligation within our current system, only a few debt produces money that is new.

While brand brand new cash is produced by financial obligation within our current system, only a few debt produces money that is new.

Many people and company entities make loans of current cash to one another, and that increases debt without enhancing the cash supply. And also this takes place whenever banks sell down loans into the secondary market where they usually are bundled and resold as investment instruments. Continue reading “While brand brand new cash is produced by financial obligation within our current system, only a few debt produces money that is new.”