Michael Kumhof Quotes

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

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The key function of banks is money creation, not intermediation. (Michael Kumhof)

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

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