Monopoly's Rule 11 explains the game's banking system: the bank never runs out of money. If funds run low, the banker can issue IOUs on paper.
Sound familiar? That's essentially how modern fiat currency works. Central banks can create money when needed, not constrained by physical supply.
The comparison highlights a key feature of our monetary system that many people don't fully grasp: money supply is elastic, not fixed.
Sound familiar? That's essentially how modern fiat currency works. Central banks can create money when needed, not constrained by physical supply.
The comparison highlights a key feature of our monetary system that many people don't fully grasp: money supply is elastic, not fixed.
