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9/15/2022 06:33:00 AM
That's interesting, but isn't it still the same thing just counting both the cash the bank has as well as the collateral? It's still the bank printing the money using a line of credit backed by a portion of assets that they have either in an account or the capacity to take ownership over the real asset. And it's still only banks that have this capacity? I wouldn't be able to do that myself right?