If anyone is interested in how money is created and indeed why there's less of it during a recession we've produced a document entitled How Banks Create and Destroy Money: A Guide to the Eurozone Monetary System.

It's a little bit technical and it is 29 pages long just to warn you. But if you'd like to know exactly how the system works at present there's no quick way to explain it!

All the Best,
Paul Ferguson
Sensible Money

Tags: Banks, Come, Create, Debt, Destroy, Does, From?, How, Money, Where, More…and, as

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