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— John Kenneth Galbraith"The process by which banks create money is so simple that the mind is repelled."
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The bank hath benefit of interest on all moneys which it creates out of nothing.
— William Paterson
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The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
— John Kenneth Galbraith
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