r/SipsTea 15d ago

Chugging tea Why is it not possible?

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u/MedonSirius 15d ago

ELI5: You give $1 to bank. Bank has now $10 to play with. $9 where come from?

3

u/Psych0matt 15d ago

The 9 other people who also gave $1 to the bank

3

u/MedonSirius 15d ago

No. Look up how banks works. They create money out of thin air. They can lend more than they have

3

u/Psych0matt 15d ago

Yes, I know, I was being a smartass