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  • Lauren Peters

How banks create and destroy the money

Mohamed Hamid

Much has been said about both the moral hazard of banks being bailed out and people bailing out of mortgages. The major question raised was, would this ‘bailout’ contagion infect the integrity of our economic and political system? But far more interesting and much less discussed are the mechanics of modern banking and their moral implications.

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1 person thinks this is good

  • Lauren Peters

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