I think debt is all the money in circulation. The money we hold in our hands is just money owned to another person. Pretty impressive post. Thanks for sharing it and adding the knowledge to it too!
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I think debt is all the money in circulation. The money we hold in our hands is just money owned to another person. Pretty impressive post. Thanks for sharing it and adding the knowledge to it too!
Money is created as debt by typing numbers into a computer, as a loan. I don't know if its this way for every currency, but only 3% is in cash (coins and banknotes).