> Well, in case of a bank it can. And it happens on a daily basis.
You mean it happens when a bank borrows money from a central bank, right?
Not every balance sheet expansion constitutes the creation of money, e.g. when you put money on your bank account, the bank's balance sheet grows, but the money is not newly created.
You mean it happens when a bank borrows money from a central bank, right?
Not every balance sheet expansion constitutes the creation of money, e.g. when you put money on your bank account, the bank's balance sheet grows, but the money is not newly created.