You have tried to make this bogus statement before, did someone actually TEACH you this? Or are you just Imagining that’s how it works?? Because if they did, you have a very SOLID case for FRAUD against them. I would encourage you to actually read and study our Credit Money system for yourself. You are so WRONG it is Laughable, ASK ANY BANKER
Like you imagine every loan results in the bank borrowing from the Fed? LOL!
I would encourage you to actually read and study our Credit Money system for yourself.
I have.
You are so WRONG it is Laughable, ASK ANY BANKER
You should have no problem proving that banks with trillions in deposits just sit on them, so they can loan money they have to borrow from the Fed.
I'll wait for your proof. I'll try to limit my laughing until you do.