richardiv Member Profile in The AnswerBank

richardiv

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Joined: 10:30 Fri 17th Aug 2007

Last Activity: 10:30 Fri 17th Aug 2007

Gender: Male

Status: Active

Only 1 question

How do banks create money

When central banks issue money, how do they do it? If it's sold, then who is it sold to and how do buyers pay?

Only 1 question