What stop banks from just «creating» money?

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Like what drops them from just adding some extra 00 as everything is digital, especially in third World countries?

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Anonymous 0 Comments

Prison sentences keep them from doing it. The FEC and other government bodies keep a very close eye on financial institutions, and the minimum sentence for things like that is 30 years in federal prison. It’s not worth it to risk it, especially when the legal means of banking systems ALREADY make them billions, if not trillions of dollars each year.

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