> Sorry, but that's what they do. You don't agree, so there's nothing further to talk about. Agreed. One cannot educate the obstinate, and you are obstinately

> Sorry, but that's what they do. You don't agree, so there's nothing further to talk about. Agreed. One cannot educate the obstinate, and you are obstinately clinging to your ignorance here. Here[1] for example is another explanation and you can easily find more from sources as authoritative as the central banks themselves, who I think we can both agree have a better grasp on the operational mechanics of banking than either of us. I won’t bother to provide those additional links for obvious reasons. Nevertheless perhaps one day you’ll stop believing the fairy tale version of banking you learned as a boy, and when you do you can refer back. [1] 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...