sorry to break it to you but banks do NOT back up their money. they have maybe 10 - 15% of all their alleged savings on hand at any given moment. and besides that they
LEND OUT IMAGINARY MONEY!!!!!!!!!!!!!!!!!!!!!!!!!
this is NOT okay with me. you can't lend out money you don't have and expect other to repay in real actual hard cash. they are allowed by law to lend out MORE money than they actually posses this is how the law works. its a scam, pure and simple. its legalized criminality.
i support their right to make mortgage lends and to charge interest. i do NOT support their right to lend money they fabricated out of thin air and expect to be paid back in real money. not okay.