fractional reserve banking in australia, page-19

  1. LesPaul
    4,751 Posts.
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    10/11/08
    02:00
    Post #: 4481747
    if the assets appreciate over time does this not add growth though eg. owner sells for $90 and pays back his $80 debt. keeps the $10 in his pocket - does this increase money supply?
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    lightbulb Created with Sketch.  Great analysis
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