Yeah... i get that the reserve is part of assets... i seperated it out to show where the money comes from.
As to your question, "where was the 90% tht was loaned out" It was on deposit. then it was loaned out. I dont really get what youre not seeing.
private school 5 or public school 5? couldnt help myself
Ill be honest with you, i really don't know how i can explain anything to you. If you believe that balance sheets are a scam created by the international banking conspiracy and basic accounting is just a fairy tale to exploit the disenfranchised masses, i don't even know where i could start.
Its like if i was trying to explain electricity to someone from the 5th century who thought that any explanation for natural phenonema that didnt involve evil spirits was a ploy of the devil... there has to be at least some kind of common ground.
Im not trying to talk down... i just don't see how someone can be convinced if hes willing to dismiss anything that doesnt agree with his preconcieved notions as some kind of sinister conspiracy.
I could put a bunch of big numbers in a chart and jump up and down yelling conspiracy! conspiracy! that seems like the kind of argument that might win over a five year old.
And explain to me like I am 5 how there is no money multiplier effect when the total amount that is loaned out and in circulation is more than the total amount that was originally borrowed from the Federal Reserve?
I don't really get what you're not seeing about how that isn't money multiplication ...