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Opinion
Money & Macro on MSNOpinion
The hidden risk: How private banks create money and why it’s dangerous
Banks do more than just store money - they create money every time they issue loans. This ability to generate credit fuels economic growth, but it also creates dangerous financial cycles that can lead ...
Banks promise safety and convenience yet often grow their profits through fees and practices that pass under the radar. Beyond the interest they earn on loans, they embed charges into services you use ...
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