“Follow the money”
Thu, 05/31/2018 - 12:00am
Frank W. Steele
No statement is more accurate or ignored than from the 1970’s “follow the money.” The question is where does money come from and why do some people have it and others don’t.
Practically all money comes from loans created by the financial system. Let’s say you are rummaging through your dead parents house and find $1,000 in currency that had been there for decades and take it down to the bank and put in your account. However, you have not expanded the money supply as it equals currency plus deposits.
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