https://forum.lowyat.net/index.php?showtopic=2667473

Said many times liao, banks have the ability to "create" money out of thin air, people say I'm crazy Zeitgeist conspiracy theorist. Now you all only want to start accepting. LOL

Anyway, why worry? As long as bank constantly expand the money supply, house prices will always go up up up! Anytime is a good time to invest in property

Any central bank can create money, regardless of the federal reserves. What changes is the value of that currency vs the USD.

Any bank can expand their money supply. In theory, that expansion should be contracted when loans are repaid. Problem is, loans can NEVER be 100% repaid, resulting in perpetual debt. (when I mean can never be 100% repaid, i mean on a overall level, not individual level)

Depends on how much RM is being created (via gaumen loans) and how much foreign reserves it buys/sells.