A deposit is not an asset for the bank - it’s a liability - have you ever even looked at the balance sheet of a bank? I even provided a link which demonstrates

A deposit is not an asset for the bank - it’s a liability - have you ever even looked at the balance sheet of a bank? I even provided a link which demonstrates that deposit accounts are listed as bank liabilities. is There is simply no question on this fact. So to put it simply you’re just wrong. You’re confusing the concept of a deposit with the funds used to create the account. People who don’t understand basic double entry accounting or banking operations often make this mistake - like the author of the original piece.