1.   The normal process of money creation is taking place within the banking system.

2.   Hiss said yesterday that it will take more cuts in interest rates to stimulate bank lending, which is critical to the process of money creation.

3.   Most importantly, the lending by commercial banks that is critical to money creation is rising at its slowest rate since German unification five years ago.

4.   The Communists would make huge infrastructure investments and cut taxes, while limiting inflation through the tight control of money creation.

5.   Money creation, or credit creation, by banks, means that money supply is expanded in the banking system through deposit and lending activities.