Yes that's basically how money is created. Money is then destroyed when the debt is repaid. Great video resource about money narrated by Ray Dalio: https://yout

Yes that's basically how money is created. Money is then destroyed when the debt is repaid. Great video resource about money narrated by Ray Dalio: https://youtu.be/PHe0bXAIuk0 https://youtu.be/PHe0bXAIuk0