Banks don't actually need money to lend money. They just create a loaned amount credit in one account and a corresponding asset consisting of a future revenue s

Banks don't actually need money to lend money. They just create a loaned amount credit in one account and a corresponding asset consisting of a future revenue stream on the other side. The cash reserve is just a collateral against the risk, needed to stabilize public trust they will not default at the slightest ill wind.