Money does not come into existence the way that's taught in economic text books. 95 % of our money comes into existence from commercial banks making a loan. And when they make the loan, they create the money. The io ua aset on the bank account went up by a million dollars. I agree with everything you just said. Si wan rea have and let you sotof, oh, well, that’s why then, naturally, a so one thing that we didn't get to in the first conversation that you a indirectly referenced here is how money comes into existance.

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