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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 372 |
Essay's paper body
Money is created when a bank’s gives a loan to and individual or group and the corresponding account is credited with the given amount of money. This may sound strange to some that think of money as gold, silver, or physical currency. The truth is money is created from essentially nothing. In today’s society money is also no longer backed by gold or silver, it is backed by nothing...
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Money is created when a bank’s gives a loan to and individual or group and the corresponding account is credited with the given amount of money. This may sound strange to some that think of money as gold, silver, or physical currency. The truth is money is created from essentially nothing. In today’s society money is also no longer backed by gold or silver, it is backed by nothing...
Essay fragment
General points of the essay
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