How Do The Banks Create Money?

Bank Reserve Deposits – How Money is ‘Really’ Created. More than 97% of all the money in the economy exists as bank deposits – and banks create these deposits simply by making loans. Every time someone takes out a loan, new money is created. Even among bankers, economists, and policymakers, there is no common understanding of Continue Reading

Anthony Hopkins Message of Hope

Sir Anthony Hopkins has reached a milestone in his sobriety and wants to encourage anyone else struggling with addiction. He urges them to ‘get help’ if they need it and to ‘live their life, be proud of their life’. To those watching, he said: ‘Be proud of yourself, don’t let Continue Reading