Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10003904199
Persistent link: https://www.econbiz.de/10003481467
Both money and debt are products of credit creation of banks. Money is always circulating among traders by facilitating commodity transactions. In contrast, debt is created by borrowing and annihilated by repayment as it is matured. However, when this creation- annihilation process is mediated...
Persistent link: https://www.econbiz.de/10011774561