Comments by "antonyjh1234" (@antonyjh1234) on "You’ve got no money in the bank" video.

  1. I disagree that commercial banks create money, only central banks can. Fractional reserve banking exists.
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  2.  @downshift4503  Blows me away commercial banks can print money, do they have a limit or is that why everything is so expensive. From the BoE Money creation in the modern economy pdf : central banks implement monetary policy by choosing a quantity of reserves. So if they want to throttle how much new money is being made they increase the reserves? |That can't be the only control as to how much money is being printed surely?
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  3.  @murunbuch  What does APRA do in australia?
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