This thinking hews closely to the modern credit theory for monetary systems. In this theory, commercial banks create money by lending to borrowers, who use the money to purchase goods and cause currency to circulate in an economy. The information in this site does not contain investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. There is a limit of £500,000 notional value per client across all cryptocurrencies. The percentage of IG client accounts with positionsRead More →