The money supply of any national currency is composed of interest-free Cash created by the State and interest-bearing Credit created by banks, central banks and other financial institutions. In the UK, the Cash share has dwindled from 48% since 1948 to 3%. The reality called the 'credit crunch' is therefore a 'cash crumble'.
| Attributes | Values |
|---|---|
| rdfs:label |
|
| rdfs:comment |
|
| dcterms:subject | |
| dbkwik:speedydelet...iPageUsesTemplate | |
| abstract |
|