Correction Explainers
How Money Is Created: Banks and Modern Currency Mechanics
Discover how banks create money through lending and how central banks manage monetary supply.
Factually incorrect
Changes accepted
1 edited
Computed from the content the publisher accepted, line by line. Neither the contributor nor CitePep writes this diff by hand.
−Milton Friedman, A Monetary History of the United States (1963)
+Milton Friedman, The Counter-Revolution in Monetary Theory (1970)
Why this is better
Verified live: correction already present in the opening blockquote (a separate, legitimate citation of Friedman & Schwartz's 1963 'A Monetary History' book exists elsewhere in the bibliography for a different point, not a misattribution of this quote). FAQ decoded (4-step op-sequence) and checked - no mention of this quote or citation. Excerpt clean.
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