• Որբունի
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    fedilink
    210 days ago

    What’s the loan money in your example if it’s not an increase of the money supply?

    • @Buddahriffic@lemmy.world
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      fedilink
      1
      edit-2
      10 days ago

      Or a reduction in savings.

      Edit: though it is more complex than that because the banks can reloan the money as others put it into their savings.