They have a license to print money. And the majority of the money supply is created by banks. And knowing that changes the analysis entirely. Where does that power come from? How are they granted that power? Why can't I Create Money out of Nothing? Oh, we should work together. You know, I wrote a paper with. That title why Can't I Create Money out of Nothing? (38:55–39:01)
CLAIM
Questions the source of banks' power to create money and why individuals cannot do the same.
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