Regular banks create new money all the time (loans). There’s no difference to th... | Hacker News

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		have_faith 8 days ago \| parent \| context \| favorite \| on: Tell HN: MitID, Denmark's digital ID, was down Regular banks create new money all the time (loans). There’s no difference to the central bank conceptually as far as I understand, they both record debits/credits to accounts (double entry).

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0_____0 8 days ago [–]

Ah yes, who needs the Federal Reserve when you have Kansas' own Emprise Bank.

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