The man then lodges the $10,000 loan into another
bank, and the cycle starts again. A massive inverse
pyramid is created, and money itself is created out
of thin air from debt. In this way, debt itself creates
money. For the most-part, money itself is debt.
Only approximately 5% of the money in circulation is
actual printed cash, the remaining 95% is bank credit
created by private banks, as described above.
Each dollar can however be put into a cycle whereby
it is used on multiple occasions over the cou