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Ukraine war Bullshit.

YOU did not, the Bank did. Again - do you believe that Capital existed prior to or is it created at the time the loan is made?

So every time my home goes up in value the bank is creating that money too? Even if the buyer pays cash?

Demand naturally drives prices up.

Demand in the housing market drove prices up for a while in recent years because office attendance, people, covid, whatever and bank loans facilitated those purchases so we blame banks for the cost of housing going up because they made loans possible.

Demand in the housing marker shrinking now so prices are going down but banks are still making loans. Do banks get credit now for prices dropping or do we blame them for prices not dropping fast enough?

Access to easy money does contribute to demand. Access to cheap healthcare also increased demand. The simple thing to do is blame insurance companies for the inflation of health costs.

We should also blame .gov for distributing fiat money to seniors in the form of social security driving up the demand and the prices for all kinds of things that old people enjoy.
 
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And it's your opinion double entry bookkeeping is responsible for the creation?

I'm just trying to follow along since you stated earlier the bank created money from double entry accounting.

Creating money is bad (the opinion of many), double entry creates money (your opinion) ... double entry is bad? We get rid of double entry we get rid of creating money via double entry?

I'm just the guy who said debt can be a tool for good. Since debt requires accounting and accounting uses double entry I'm guessing it's your opinion all debt is bad as well?
 
Why don't you impress the class with how bookkeeping for a Bank is different for any other entity...

After that, I love your scholarly notes of who was "jebus".

I'm not the one trying to give bookkeeping lessons, and poorly at that.

Again, I'm just the guy who said not all debt is bad and then all the paranoid doomsday simps came climbing out of the trees to give me "lessons" on things I never said and start misquoting the bible at me.
 
i wonder if it matters that they know and now everyone knows...or thinks they know...lol.

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