Money

Where Does Money Come From?

• The US Treasury creates bonds. These need to be paid with interest. 
• These bonds are used as liquidity / collateral by the banks. It’s foundation.
• The banks can just create loans out of thin air.
• They just credit your account with digits and then you have to pay it back with interest.

Inflation

• If you want to stop inflation, you have to shut down the treasury.
• But neither side will do so or the whole system will collapse.