You're arguing semantics or you have way too much faith in the systems ability to regulate itself. To a regulator that number would come out the same. They'd see the bank has one real dollar in cash and $9 in "investments" and that'd be the end of it because they're following the law. It doesn't matter that they literally just created money out of thin air. As long as the train keeps on chugging along it'll never come crashing down. Just like the 2008 crisis all over again.

Sure. Fractional reserve banking is how all our banks work. Say you put $1 into a bank, FRB allows that bank to "invest" $10 into whatever they want since they have a 10% cash reserve requirement. So what do you think is happening every time the bank 10X your money? You pay for it through inflation. Who do you think benefits from that? The people who own the banks and get kickbacks from the banks for instituting and perpetuating such an asinine system. So you, the low person on the pyramid gets shafted with inflation while the banks get to keep multiplying their money as more people pile in. And what happens if their "investments" fail? Well nothing... Cause the government bails them out because they're right, if our banks fail society as we know it will fail, and guess who pays for that... You, through taxes and the ponzi scheme keeps going syphoning money from the bottom up to the top.

You can read more about about, or not, I don't really care cause it's not going to change.

I don't need to be a Michelin star chef to tell you the literal pile of shit you put on a plate in front me is not a good meal.

You don't need to be able to create a financial system from the ground up to say capitalism and the US banking system and the government intervention in preventining corrupt financial institutions from failing is a figurative pile of shit put in front of all of us as we slave away for lower and lower wages with fewer and fewer social safety nets despite the disgusting GDP growth and corporate profits

Because our entire financial system is a giant ponzi scheme. And most Americans are completely ignorant to it so they can say whatever they want and Americans will go about their day and never care.

First I've heard that term. TIL.

I think 2010 seems a bit early and cuts into Gen Z period. But that's just me.

A generation is about 20 years. So since 1930 in the US you have The Silent Generation, Baby Boomers, Gen X, Millennials, Gen Z, and babies born today are currently a new unnamed generation.