Thanks 😊👍

Funghi 😊

Most people think banks lend out existing money.

They don’t.

When commercial banks issue loans, they create new digital money through accounting entries. New debt = new money.

That money is “real” because society accepts it for payments, salaries, and taxes.

Critics call the system immoral because:

* private banks gain power to create purchasing power
* most money enters society as debt
* banks earn interest on money they created
* losses get socialized through bailouts

Most people don’t understand it because schools rarely teach how money is actually created — and the system is intentionally abstract.

“Money” today is mostly bank-created credit.

Done 😊

Done 😊

Done 😊