All banks create money out of thin air when they make loans not just central banks. And your arithmetic doesn't quite work either at the very least if you assu

All banks create money out of thin air when they make loans not just central banks. And your arithmetic doesn't quite work either at the very least if you assume that money actually gets respect with a certain speed. http://www.forbes.com/sites/stevekeen/2015/03/30/the-principal-and-interest-on-debt-myth-2/ http://www.forbes.com/sites/stevekeen/2015/03/30/the-princip...