The only way for money to enter the market is to borrow, and money is debt. For example, if the country wants to issue currency of 1 100 million yuan, it will write 1 100 million yuan on a piece of paper, and then affix a very official seal, which is called treasury bill, and then send it to the central bank; The central bank will print another batch of its own paper, called XX bills. The central bank will use this bill to buy government bonds, so that the government can get this XX bill of 654.38+billion, and then deposit it in the bank, and then these bills will become legal debt repayment currency through deposit. ? Government bonds are debt contracts. Once someone bought the contract with money (anyway, it was a signed bill or something), money was generated. And where did the value of this new currency come from, and who gave it value? It is by stealing the value of previously issued currency, which is called currency devaluation. In the past 30 years of reform and opening up, the RMB has depreciated by more than 100 times according to the variable price ratio. Every bill in our wallet is generated from debt, and someone owes someone. Money can only be obtained from the bank, and every bill received from the bank has interest, but where does the money representing this interest come from? No, he doesn't exist! The amount of money returned to banks always exceeds the amount of money in circulation, which is why inflation and currency depreciation are inevitable (the capitalist system has subverted itself), because it is always necessary to issue new paper money to supplement the long-term inherent shortage of paper money caused by interest repayment in the whole monetary system. And money can be lent out of thin air. For example, in general countries, banks are required to have a reserve ratio, that is, to prevent bank runs, and others can be lent, such as 10%. The above-mentioned personnel stamped several pieces of paper and sent them, and the result was 10 billion bills. Now this 10 billion bank note is deposited in commercial banks, of which 900 million can be issued as loans. ? In fact, the loan of 900 million bank notes did not come from 10 bank notes issued there, but was made out of nothing. The bank only increases the balance of two accounts by bookkeeping. At the same time of issuing loans, 900 million deposits were added. ? Of course, 90% of the 900 million deposits can be lent out as deposit reserve, and 865.438 billion+0 billion can be lent out. Of course, this 865.438+billion has been lent out, and at the same time it has increased by 865.438+billion, and 90% of this 865.438+billion can be lent out. In this way, for every 65438+ billion treasury bonds issued, up to 65438+ billion new currencies can be generated. Write casually, personally, our country is embarrassed to start the monetary system of capitalist private banks.