We’re sold the lie that banks are intermediaries—taking deposits and lending them out. The reality is that when you sign for a loan, the bank creates that money at the exact microsecond you click 'enter'. It didn't exist before, it has no tangible backing, and it’s created purely as debt. This isn't an 'economic service'; it’s a digital illusion that keeps the entire global economy running on debt that wasn't there until you created it. I broke down exactly how they conjure this money from nothing and why the system relies on this perpetual creation of fake wealth to survive. submitted by /u/Mec17_ [link] [comments]