Excellent! That's been my point. See post #11, #45, #53, #67 etc.
You are somehow able to look at the same data and selectively not see that banks cause any wealth creation.
I wouldn't equate deposits and loans with wealth creation. Some loans could lead to wealth creation. Some to wealth destruction.
So what? That hasn't been any part of my posts.
It's actually rather Marxist of you to insist that bankers are mere parasites who add no value to the economy.
That's funny! Who said that?
Understanding of the inner mechanism is not required for an understanding and use of its results.
I'm just glad that you aren't going to loan $100,000 that you invented out of thin air.
I'm very pleased to see that you can be so gracious in victory. That speaks highly of your character.
That's funny! Who said that?
That would be you. Indeed in the same post you said:
I wouldn't equate deposits and loans with wealth creation.
You said in that sentence that you would not equate what the banks do with wealth creation, did you not? You said earlier that banks charge interest. That is the definition of a parasite: an entity that consumes without contributing.
I'm just glad that you aren't going to loan $100,000 that you invented out of thin air.
I'm happy for you...