What printing money really means

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“Printing money out of nothing” is the usual colloquial way of describing how governments and banks agree to increase the money supply, which leads to inflation (resulting in a higher cost of living for the average person year after year). However, this expression isn’t accurate enough to describe what’s really happening. It may even be somewhat deceptive.

“Printing money” is essentially the process of increasing the amount of fiat money in the economy through interest (riba) loans. That’s the truth.

Riba, one of the major sins condemned in Islam, is what’s making most people around the world poorer and more stressed.

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Moro Blanco

A place where I write, compile, and share things that interest me from a wide range of topics.