What is money and where does it come from?
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Central banks create money either by printing it or by buying bonds in the treasury market. When central banks buy bonds, they usually buy their own country's treasury bonds, and their purchases are made from banks that own bonds.
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What is money?
- a current medium of exchnage in the form of coins and banknotes.
where does it come from?
- Money is created by banks in the form of bank deposits .
- banks create new money when they make loans.
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