Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit.
John Rogers, Local Money: What Difference Does It Make?
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This page presents the quote "Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit.". Author of this quote is John Rogers, Local Money: What Difference Does It Make?. This quote is about banks, banking, currency, money,.