Posts Tagged ‘supply’

“The inflation process is the increase of the money supply.” L. Carlos Lara

“The actual process of money creation takes place primarily in banks.” -Federal Reserve Bank of Chicago

Money Supply

Posted: June 27, 2015 in Economics
Tags: , , , ,

“Banks are responsible for creating roughly 90% of the money supply.  They do this by simply lending money into existence.” –Bill Bonner