{"id":94944,"date":"2026-08-16T07:50:46","date_gmt":"2026-08-16T06:50:46","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=94944"},"modified":"2026-08-16T07:52:12","modified_gmt":"2026-08-16T06:52:12","slug":"infographic-bank-interest","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/08\/16\/infographic-bank-interest\/","title":{"rendered":"Infographic: Bank interest"},"content":{"rendered":"

After posting yesterday's infographic<\/a> on how banks create money by lending, there were questions and challenges, both here and on Substack, about how this suggestion is altered by the requirement to pay interest on this new money that has been created by a couple of entries in a double-entry bookkeeping ledger. This is my explanation:<\/p>\n

\"\"<\/p>\n

I am not quite happy with the sketch in box 3, but I have not come up with anything better yet. I think the rest work, and this one is good enough.<\/p>\n

How to expand this image<\/b><\/p>\n

If you press CTRL or Command and Plus (+) on your keyboard, your browser should increase the size of your page every time you do this. Press CTRL or Command and the 0 (zero) key together to restore the screen to normal.
\n<\/b><\/p>\n

How to download this image.\u00a0<\/b><\/p>\n

If you right-click the image, you should be given the option to download it to your computer. So long as you do so without the intent to make a profit, you may do so without further permission. Commercial use requires consent. But if you just want to share it, do so with whoever and wherever you want. That is the purpose of these infographics.
\n\u00a0<\/b>
\nThe image library<\/b>
\n\u00a0<\/b>
\nWe have a library of these images. It is\u00a0available here<\/a>. All downloads are free, but donations help our work.<\/p>\n

This one is specifically available here.<\/a><\/p>\n

AI use<\/b><\/p>\n

I wrote this infographic. I created the image using AI, but under my very specific direction.<\/p>\n","protected":false},"excerpt":{"rendered":"

After posting yesterday’s infographic on how banks create money by lending, there were questions and challenges, both here and on Substack, about how this suggestion
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,26,70,47,46,136,204,35,16,147,174,224,106,223],"tags":[],"class_list":["post-94944","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-accounting","category-banking","category-bonds-2","category-bonds","category-city-of-london","category-economic-justice","category-economics","category-ethics","category-inequality","category-modern-monetary-theory","category-neoliberalism","category-politics","category-politics-of-care"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/94944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=94944"}],"version-history":[{"count":3,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/94944\/revisions"}],"predecessor-version":[{"id":94949,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/94944\/revisions\/94949"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=94944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=94944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=94944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}