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The top documents tagged [potential tms]
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potential tms
How Banks Create Money [ MS ] MS = Currency + DD of Public
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RR+ER = TR; TR-RR=ER; TR-ER=RR; M x ER = PMC; PMC( Public )+1 st DD = TMS; PMC( Fed ) = TMS Banks & Public (all DD of Public are subject to the RR; rest.
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