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		<title>German Central Bank Admits that Credit is Created Out of Thin Air</title>
		<link>https://gandeste.org/politica/german-central-bank-admits-that-credit-is-created-out-of-thin-air/9875/</link>
					<comments>https://gandeste.org/politica/german-central-bank-admits-that-credit-is-created-out-of-thin-air/9875/#comments</comments>
		
		<dc:creator><![CDATA[contribuitor]]></dc:creator>
		<pubDate>Wed, 24 Mar 2010 04:20:32 +0000</pubDate>
				<category><![CDATA[Politică]]></category>
		<category><![CDATA[central bank]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[definition]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[people]]></category>
		<guid isPermaLink="false">http://gandeste.org/?p=9875</guid>

					<description><![CDATA[<p>Preface: Most people think that banks lend solely from their base of deposits. Some also know that with fractional reserve banking, they can loan out many times more than they actually have in reserves. But very few people – with the exception of those in the banking industry and financial experts – know where credit [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://gandeste.org/politica/german-central-bank-admits-that-credit-is-created-out-of-thin-air/9875/">German Central Bank Admits that Credit is Created Out of Thin Air</a> appeared first on <a rel="nofollow" href="https://gandeste.org">gandeste.org</a>.</p>
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