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How Central Banks Promote Money-Creation by Private Banks

Blog2 hours ago

Money and BanksMoney and Banking

Finally, not only does fractional-reserve banking gives rise to monetary inflation it is also responsible for monetary deflation. Since banks by means of fractional-reserve banking generate money out of “thin air”, then whenever they do not renew their lending they in fact give rise to the...


Restitution-Based Criminal Justice in Japan


Legal System

What makes restitution work well in Japan is that private individuals and groups are much more responsible for controlling crime.

Power & Market Blog

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