In a modern world How is money created How is money destroyed What are the limits to money creation by a commercial bank What is the impact of quantitative easing policies recently undertaken by central banks

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In a modern world: How is money created? How is money destroyed? What are the limits to money creation by a commercial bank? What is

In a modern world:

How is money created?
How is money destroyed?
What are the limits to money creation by a commercial bank?
What is the impact of quantitative easing policies recently undertaken by central banks?

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