[Toddsterpatriot]

I know how the banking system works. I want to know how your bank turns a single $10,000 deposit into $100,000 in loans and $10,000 in reserves, as you claimed, without borrowing any money or getting additional deposits.

My point is that you can't. Unless you prove you can.

I've only been asking since post #11. Take your time. LOL!

[null and void]

See paragraph 4 of post #167.

Gads you are dense. I’ve already surrendered on that point.

You OTOH, are still arguing that loans are less that deposits, yet you cite an example where even the most casual take shows that $100 of new money yields a total of $357 in loans. Further you biased your selection by selecting an example at 20% reserves, while ignoring the 10% chart when throughout this entire thread we’ve agreed on the reserve requirement being 10%.

My math skills show me that even at 20% reserves $357 is more than $100. What do yours show you?

Just as a reminder the chart at the same source, the one you are so studiously ignoring, has a 10% reserve requirements line that shows an initial $100 deposit allows banks to create $860 in new money.

I think $860 is more than $100. What do you think?

You’ve said the banks can only loan out $90 on that $100. I think +$860 is more than -$10. Do you agree?