Perceptions on money creation and impact of accounting treatment for commercial banks’ money lending activities in Malaysia
It has been empirically proven from earlier study that commercial banks can individually create money when they extend a new loan. When banks extend new loans they do not need to wait for the customers to make deposits, rather they use a simple accounting entry to create a loan and transfer the loan...
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Format: | Thesis |
Language: | English |
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2018
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Online Access: | http://psasir.upm.edu.my/id/eprint/76840/1/GSM%202018%2033%20IR.pdf |