Comment by simula67

> The bank is not printing money new money, no matter how many times this idea gets repeated by people who are, ironically, pumping crypto coins that were printed out of thin air.

It is now widely accepted that bank lending produces new money[1][2]

[1] https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...

[2] https://www.youtube.com/watch?v=K3lP3BhvnSo