Face it. It is over. Trump won.

[MikeRox]

SpokenTruth said:

MikeRox said:

Government "shouldn't" have anything to do with it. But Central Banks (not the same as the banks you are referring to) have everything to do with it. Banks cannot lend money which they don't have. No, they can't just "create" money. Central banks do that. It is true though, that there is not enough currency in most banking systems for the actually cash to be completely withdrawn, as much of it is digital fantasy. However the central banks are the ones that put it into the "system".

Regular banks sort of do create money.  It's called Fractional Reserve Banking.   They can lend 90-97x more than their reserves.  If a bank has $1,000, they can lend up to $90,000-$97,000 (depending on their require reserve ratio).

However this limit is set on them. They can't just indefinitely create infinite money. Hence that part falls on central banks and investor confidence with it.