> They lend out millions of dollars of other people's money Banks don't lend other people's money. They create money when they lend. Read this from the Bank of

> They lend out millions of dollars of other people's money Banks don't lend other people's money. They create money when they lend. Read this from the Bank of England. http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf http://www.bankofengland.co.uk/publications/Documents/quarte...