Chorzów, Poland

Digital Banking

Bankowość Cyfrowa

Language: Polish Studies in Polish
Subject area: economy and administration
Studies online Studies online
University website: www.merito.pl/english/chorzow
Digital
Digital usually refers to something using digits, particularly binary digits.
Banking
The modern banking system manufactures “money” out of nothing; and the process is, perhaps, the most, astounding piece of “sleight of hand” that was ever invented. In fact, it was not invented. It merely “grew”. … Banks in fact are able to create (and cancel) modern “deposit money”, just as much as they were originally able to create, or call in, their own original forms of private notes. They can, in fact, inflate and deflate, i.e., mint, and un-mint the modern “ledger-entry” currency.
Angas, Major L. L. B. (Lawrence Lee Bazley) (1937). Slump ahead in bonds. Somerset Pub. Co.. pp. 20-21. OCLC 3506072. 
Banking
The best way to rob a bank is to own one.
Title of a book by William K. Black (2005)
Banking
There is no group of people on the planet more stupid than bankers. They should be called bonkers. Look at the famous banks that are suddenly losing billions, because they handed out loans like lunatics.
Michael Winner, English film director and producer. From his interview in The Daily Mail (UK) newspaper, 17th June 2008.

Contact:

Sportowa 29 str
41-506 Chorzów
tel. +48 32 349 84 74

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