andrel wrote:
> My bank and the others are companies, they do things with money even 
> generate it from thin air but they don't print it. 

Right. Same here.

> All the banks are 
> watched by a national bank who does print the money but doesn't have 
> private customers. 

Yes. We have the federal reserve, which creates the money (along with the 
individual banks) by basically loaning out money they don't have. The actual 
pieces of paper and bills that come out of the ATM are printed by the 
Treasury department, which is part of the federal government and not part of 
a bank.

So now I understand your distinction. :-)

-- 
   Darren New, San Diego CA, USA (PST)
   I ordered stamps from Zazzle that read "Place Stamp Here".

Post a reply to this message