> This is completely nonsensical. Banks (eliding a lot of important details about money and loan creation) use money in those accounts to make loans, No, banks

> This is completely nonsensical. Banks (eliding a lot of important details about money and loan creation) use money in those accounts to make loans, No, banks do have to have a set minimum ratio of the credit to deposited money and that ratio is always higher than one. Private banks create money buy giving loans leveraging the savings at hand with the assumption of there won't be a bank rush. If a bank rush occurs no bank on earth will be solvent.