Tag: IOU

  • Canadian Money And How Select Banks Create It

    Canadian Money And How Select Banks Create It

    My book, Money: Whence It Came, Where It Went, tells us that “The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.  The process by which banks create money is so simple the mind is repelled.” Graham…