> This sentence makes no sense and is incorrect: >Money (deposits) are created at the point that loans are made. Maybe this article articulates better what I'm

> This sentence makes no sense and is incorrect: >Money (deposits) are created at the point that loans are made. Maybe this article articulates better what I'm trying to say, as I think I was saying the same thing as it unless I've worded something badly. https://www.investopedia.com/articles/investing/022416/why-banks-dont-need-your-money-make-loans.asp https://www.investopedia.com/articles/investing/022416/why-b... Specifically the section: "How Banks Make Loans in the Real World" > Contrary to the story described above, loans actually create deposits