“Whenever a bank buys something from a non-bank, new money is created.” Definitely the latter. Edit: Or maybe an insider’s fever dream: the writer/speaker/sin

“Whenever a bank buys something from a non-bank, new money is created.” Definitely the latter. Edit: Or maybe an insider’s fever dream: the writer/speaker/singer has an MBA, worked in banks and is currently writing "The Absolute Essentials of Banking". (!)