> telling two or more people they own the same dollar This is the main issue, and it's called a "reserve requirement", which is a percentage of the deposits th

> telling two or more people they own the same dollar This is the main issue, and it's called a "reserve requirement", which is a percentage of the deposits that the bank must keep on hand to mitigate risk of issues like this. https://en.wikipedia.org/wiki/Reserve_requirement#United_States_2 https://en.wikipedia.org/wiki/Reserve_requirement#United_Sta... In March 2020 the US Federal Reserve lowered it from 8% to 0%, which is where it is today. Just to give you an idea of how the economy works then, let's say you put $100 into your account at Bank A. Company X takes a loan from the bank for $100. Where do they put their money from the loan? Well, they spend most of it but part of it ends up in, let's say, Bank B. Bank B then takes that money and loans it out 100% to Company Y, who spends some of it and also puts some reserve into their bank account in Bank A. Which lends it out 100%. So this is an over-simplified example but just to give a visual that this is where inflation is coming from. The "government" isn't printing money -- the banks are. It's a deck of cards with no safety net. Watch the movie "The Big Short" and tell me how this isn't the same situation. source: I am also a lot of fun at parties