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Michael Kumhof Quotes: The key function of banks is money creation, not intermediation.
         

The key function of banks is money creation, not intermediation.


Michael Kumhof
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"Michael Kumhof Quotes." Quoteslyfe.com, 2024. Fri. 27 Dec. 2024. <https://www.quoteslyfe.com/quote/The-key-function-of-banks-is-money-887988>.





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Quote Description


This page presents the quote "The key function of banks is money creation, not intermediation.". Author of this quote is Michael Kumhof. This quote is about creation, keys, function, money,.