Dear Markg (at 2017/04/26 at 8:47 pm)
Please read the following suite that is introductory of:
And read them into the context of this distinction between web monetary asset effects of federal federal government (treasury and main bank) deals because of the non-government sector while the web impacts of deals inside the non-government sector.
You then shall begin to see the distinction. If you should be nevertheless write that is puzzled once again.
1. Banking institutions can produce ‘money’ however in doing so they create no brand new web assets that are financial a loans create deposits – however these are offsetting assets and liabilities. Continue reading Are you able to explain the distinction between “issue money” and “create money”?