Of course banks create money. You don't think that they hold enough money to pay all their creditors at once do you? Never heard of fractional reserve banking

Of course banks create money. You don't think that they hold enough money to pay all their creditors at once do you? Never heard of fractional reserve banking? See https://www.investopedia.com/terms/f/fractionalreservebanking.asp https://www.investopedia.com/terms/f/fractionalreservebankin...