Why Are Credit Cards Not Considered Part of the Money

question 192

Essay

Why are credit cards not considered part of the money supply?

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Definitions:

Prefrontal Cortex

The front part of the frontal lobes of the brain, crucial for complex cognitive behavior, personality expression, decision making, and moderating social behaviour.

Deficits

Situations where a shortfall exists, often referring to financial matters where expenses exceed revenue, but can also apply to other areas such as cognitive deficits in psychology.

Damaged

Refers to items or entities that are impaired, harmed, or rendered less effective.

Cerebral Cortex

The outer layer of the cerebrum, involved in complex brain functions such as thought, language, and consciousness.