[darksofa]

Milton Friedman - Only governments create inflation

https://youtu.be/F94jGTWNWsA

“Inflation is made in Washington because only Washington can create money. Any other attribution to other groups of inflation is wrong.”

[GFlaneur]

In all advanced economies - majority of money is created by bank loans (including mortgages) rather than by the the central bank.

[qeternity]

This has not been true for a very long time.