Very Interesting
Banks can also "create" money by granting loans.
It is a bit of a myth that that they need a corresponding value in deposits.
Likewise when they call in a loan balance they can destroy money previously lent out "productively".
(As long as they don't mind owning unoccupied property before selling it or renting it to another customer)
If the cycle of repossessions from distressed ex-owners gains momentum it is called a depression.
Such actions by banks are learned at the Vladimir Putin School of Economics.
I look forward to seeing all your debits and credits in the books of the short traders.
I believe there is a lot in what you say, with enormous risks if it all ends up going pear-shaped
Then again if someone goes bankrupt someone else bears a share of the losses
Just ask all the sub-contractors who are not paid for their building work.
It's all rather mind boggling, but I suspect you are onto something.
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