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Ralph George Hawtrey Quotes: Banks lend by creating credit. They create the means of payment out of nothing.
         

Banks lend by creating credit. They create the means of payment out of nothing.


Ralph George Hawtrey
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"Ralph George Hawtrey Quotes." Quoteslyfe.com, 2024. Wed. 25 Dec. 2024. <https://www.quoteslyfe.com/quote/Banks-lend-by-creating-credit-They-create-980990>.





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This page presents the quote "Banks lend by creating credit. They create the means of payment out of nothing.". Author of this quote is Ralph George Hawtrey. This quote is about creating, payment, credit, mean, historical,.