How does the textbook money creation model differ from the real world money creation model? What’s wrong about the way that most people think banks work?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter15: Monetary Policy
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How does the textbook money creation model differ from the real world money creation model?

What’s wrong about the way that most people think banks work?

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