I feel like we're going round and round, here. You said, "Not person to person loans as you are talking about". This is the same as saying it's not the loan,

I feel like we're going round and round, here. You said, "Not person to person loans as you are talking about". This is the same as saying it's not the loan, since the loan is the same in these cases. The difference is that when the bank loans money (at least in the US), they don't loan money they have most of the time, but money they're allowed to create to loan. I don't remember what the multiplier is offhand.