Banks print fake money out of thin air.
Money isn't what it is widely presumed to be, that is, little pieces of paper with pictures of dead people on them. People value money, not for their attractive design, but instead because it has the legacy value of being redeemable for a hard asset, such as gold. When the central bank is issuing more cash, this is in fact issuing fake money. Bank credit is also fake money, but of a slightly different form.
Ever since Nixon closed the gold window, all cash is a fake form of money.
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