00:00When you sign for a bank loan, the money you received didn't exist 5 minutes ago.
00:04Banks do not lend out other people's savings to fund your car or home mortgage.
00:09This capital is literally summoned into existence at the moment your loan is approved.
00:15They simply type a new balance into your account using a basic double-entry accounting method.
00:20This simple keystroke creates brand new digital currency that enters the economy and dilutes your savings.
00:27Every single time a bank issues a loan, they expand the total supply of global money.
00:32You must work 40 hours a week for the very dollars they manufacture with effortless clicks.
00:38While you struggle against inflation, the banks collect interest on capital they essentially invented today.
00:45This systemic expansion forces you to work longer to maintain the same level of purchasing power.
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