What's wrong with the money multiplier? - Banking 101 (Part 2 of 6)
Why the open web links it
Explains flaws in the traditional money multiplier model and how modern banking actually creates money.
Linked by 6 independent sites, 3 of them widely read in the 2026-10 crawl of the open web, including opendemocracy.net, cba.pl, ull.es, exploring-economics.org, monetative.de.