A bank loan –
… is that what you thought it was?
what began with you giving the Bank the collateral (signed Promissory Note), turned into a piece of paper (a promise to pay money) that they called your loan.
Understanding the Law
– just count the squares –
understanding the Law is as easy as counting the squares
How many squares can you see?
The text from the image is:
– Federal Reserve Bank of Chicago (see pg. 3) –
… bankers discovered they could make loans
… giving their promises to pay … to borrowers in this way, banks began to create money.
