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A comment on No one is disrupting banks. Parent comment
Money is moved; this is the problem with your analysis, see page 19 of the infamous Bank of England's "How Money is Created" paper [1].
[1]: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...
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Money is moved; this is the problem with your analysis, see page 19 of the infamous Bank of England's "How Money is Created" paper [1].
[1]: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...