Who Really Creates Money?

--- **** **On screen:** “Who do you think creates money?”

**Voice:** “Quick question: who creates most of the money in your economy?

The government? The central bank? Wrong. Try again.” ---

**** **On screen:** “Commercial Banks” (big, bold) **Voice:**

“Commercial banks create *most* of the money you use. Not the government. Not the central

bank.” --- **** **On screen:** Simple diagram appearing

**Voice:** “Money is not a thing. It’s a *flow* between entities.”

--- **** **On screen:** Entities pop in one by one * Government