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Money Hoarding
Comments
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Only a query as to solve pub argument, as a friend believes it is illegal due to hoarded money not being in circulation therefore more needing to be printed and devaluing the currency0
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The vast majority of money is not printed by the government but created by the banks! Every time someone gets given a loan; their account details are credited with X number of pounds which they can then use. Where does this money come from: the banks creates it. See my thread "The Banking System".0
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Arghhh, tell that to my gran who keeps the bloomin' stuff in coffee jars, biscuit tins, sewing box .... doesn't trust the banks!
Fair do's - it's not a fortune, but still!!!0
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