It follows that given that the entire world economy rests on two basic pillars – inflation and interest – it follows that the entire world economy is based on a sole and singular concept or precept: “Rob Peter to pay Paul.”
In other words, we lend to banks so that banks can lend to others! Our deposits in a bank are a loan to the bank! But the law ensures that we can take back our loans from a bank whenever we want. That’s “Money for Dummies” or “Money 101.” A bank deposit isn’t a motionless and stagnant deposit. Rather, it is a moving particle among many moving particles that make up the mass of the world economy.
Adam A. Azim 