Difference between revisions of "Modern Money Mechanics"

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== Money Creation ==
 
== Money Creation ==
 
The purpose of this booklet is to describe the basic process of money creation in a "fractional reserve" banking system.  
 
The purpose of this booklet is to describe the basic process of money creation in a "fractional reserve" banking system.  

Revision as of 13:17, 20 July 2019

 https://en.wikisource.org/wiki/Modern_Money_Mechanics

Money Creation

The purpose of this booklet is to describe the basic process of money creation in a "fractional reserve" banking system.

  • This complete booklet is was originally produced and distributed free by: Public Information Center Federal Reserve Bank of Chicago P. O. Box 834 Chicago, IL 60690-0834 telephone: 312 322 5111 But it is now out of print.

Info