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Choose from three answers (one, two or all of them may be true):

1. The government prints the money (currency) as required by the banks (and everybody else).
2. The banks create their own money by multiplying credit and charging a fee to provide it (interest) as a multiple for the deposits they hold (and attract by paying a fee — less interest — or sometimes offering gifts, i.e., bait, for people who open a deposit.
3. The banks never have enough money and always seek more.

2007-03-01 22:49:46 · answer #1 · answered by silvcslt 4 · 0 0

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