How does the economy “grow”? Where does the new money comes from?

1.20K views

How does the economy “grow”? Where does the new money comes from?

In: 398

29 Answers

Anonymous 0 Comments

New money comes from banks/lenders. Let’s say I loan you $1000, and I end up charging you $100 in interest. There is now, on the books, $1100. Where does that money come from? The future

You are viewing 1 out of 29 answers, click here to view all answers.