Replies

To: driftdiver

You deposit $10000 in the bank. The bank loans out $9000.

The borrower buys a car.

The seller deposits $9000 in the bank.

Total bank deposits have increased by $9000.

123 posted on 06/10/2014 1:45:21 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)

To: Toddsterpatriot

Lol you’re not a math genius are you.

Comedian maybe?

125 posted on 06/10/2014 2:21:47 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794