2min chapter

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Ep195: Crucial CBDC’s with Professor Richard Werner: YOUR Future is Being Decided!

The Fat Emperor Podcast

CHAPTER

The Role of Banks in the Creation of Money

Historically paper money was issued by banks, but then the central planners Started to move in on the act. 97% of the money supply is actually created by banks through bank lending They're just not allowed to issue paper notes. So really we have been using digital currency you could call it bdc bank digital currencies For many decades.

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