4 ms·
That's the whole point, they just create $1m and give it out
by drexlspivey 4y ago
That's the whole point, they just create $1m and give it out
- colinmhayes 4y agoWhat happens when the person withdraws the million dollars? The bank only has 100k.
- drexlspivey 4y agoAre you talking about physical paper currency? That’s totally a different issue. What happens if the original depositor deposited via a bank wire and you want to loan out $100 dollars in paper money? You just get some paper money from the FED. Same thing here.