Jun
29
2012
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How do I start a bank and create money out of thin air?

moneybagsThe details differ from country to country, but you can create money out of thin air like this: First you get a banking license (i.e. permission from your government to be a bank), which is not easy. Then, you get someone to deposit money with you. Let’s say they deposit $10000. If the legal fractional [more...]

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