Replies

To: Toddsterpatriot

Actually, most money is created out of deposits by banks when people take out loans.

So when I deposit 100 dollars someone else borrows that 100 dollars and that creates money?

74 posted on 01/04/2011 6:13:05 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)

To: Lurker

So when I deposit 100 dollars someone else borrows that 100 dollars and that creates money?

Yes.

75 posted on 01/04/2011 6:23:46 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)

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