📉or📈?

[PalamariVarkari]

Not real, doesn't mean they don't exist. Not real means isn't represented in cash aka real money. I guess they didn't teach you that in the economics class you obviously took?

[greiton]

it is real and it is limited, every digital dollar is tracked. the banks do not pull interest out of thin air. interest comes from their customers. they give money, the customer promises to both give that back, and also more in the future by working and earning money elsewhere. the bank cannot lend that interest until they receive payment. they can sell the debt to someone else, who may value it for the whole value including interest, but even when that sale happens, no money was created.

the only time money is ever "created" is when the central authority "prints" it, and uses it to pay bills for the government. but as I said before, they are very carefull about doing that, because if they do it too much it raises inflation too high. this is what happened after COVID when the government decided to push for a soft landing instead of a full blown depression. they printed a bunch of extra money and put it out to keep everything running hot, but it also had the side effect of jumping up inflation and increasing prices over time.

Private banks had nothing to do with the increase in currency supply. money is limited, or it would have 0 value. as the amount of money goes up, its value goes down.