To add, the vast amount of money that's circulating is created by banks. As I keep harping, refer to this article by BoE for details.
https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...
To add, the vast amount of money that's circulating is created by banks. As I keep harping, refer to this article by BoE for details.
https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...