Whoever controls money creation controls the world.
Write ✍️ ways to create money below?
1. **Central Bank Reserves:** Central banks can create money by increasing the amount of money in circulation, often by purchasing assets such as government bonds, which increases the reserves held by commercial banks.
2. **Fractional Reserve Banking:** Commercial banks create money when they make loans. This is based on the fractional reserve system, where they're required to hold only a fraction of the deposits as reserves.
3. **Government Spending:** When governments spend money on public projects, they are essentially creating money. This money enters the economy, stimulating economic activity.
4. **Quantitative Easing:** Central banks can create money through quantitative easing, where they purchase financial assets from the market to increase the money supply.
5. **Currency Minting:** Physical currency is created by government mints. When new coins or banknotes are issued, they effectively create more money.
6. **Credit Creation:** Beyond banks, credit card companies and other financial institutions can create money through the extension of credit. When you use a credit card, you're essentially creating money temporarily until you pay the bill.
CHAT GPT SUGGESTION:
It's important to note that money creation should be carefully managed to avoid inflation and maintain financial stability.
Who CONTROLS The World!? https://youtu.be/a7D_SnySls0?si=-y1Z_Cw4hyskfnOG