• Որբունի
    link
    fedilink
    arrow-up
    2
    ·
    9 hours ago

    What’s the loan money in your example if it’s not an increase of the money supply?

    • Buddahriffic@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      3 hours ago

      Or a reduction in savings.

      Edit: though it is more complex than that because the banks can reloan the money as others put it into their savings.