“The truth is that banks don’t lend money—they create it. When a bank issues a loan, it doesn’t take the money from someone else’s deposit; it simply writes the amount into existence as a new deposit in the borrower’s account.” – Richard Werner 🤯🤯🤯🤯🤯

“The truth is that banks don’t lend money—they create it. When a bank issues a loan, it doesn’t take the money from someone else’s deposit; it simply writes the amount into existence as a new deposit in the borrower’s account.” – Richard Werner

🤯🤯🤯🤯🤯

— Mike Martin (@MikeMartinGB)
Mar 26, 2025

from Twitter https://twitter.com/MikeMartinGB

March 26, 2025 at 08:05AM