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Inflation and Deficits

Steven506 Wrote: Sep 10, 2009 9:48 PM
Dr. Williams, are the banks not creating money out of thin air every time the hand out a loan that is not backed by cash on hand? Is this not a greater source of inflation than the actual money supply?
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Sunday, June 03 | 04:52 PM ET
Sunday, June 03 | 04:52 PM ET
Sunday, June 03 | 04:52 PM ET
Sunday, June 03 | 04:52 PM ET