You Can Legally Create Money $$$$$$$

If you sign a mortgage for $100,000, you have probably created $100,000 of new money.  Wait a minute, isn't the bank just loaning to me $100,000 of existing money others have deposited or invested in the bank?  Unlikely!  Banks loan out way more money than the total sum of all checking, savings, CD deposits and bank stock equity.  How can banks loan money they do not have?  That sounds like some kind of illegal scheme!  Yes, it does sound suspicious, but it is legal.  When you sign mortgage papers, the bank opens an account in your name and credits the account with a "deposit" of $100,000.  Presto, chango, you and the bank have swiftly created $100,000 founded on nothing more than your signature and ledger entries.  Surprise, your own bank account is the source of the $100,000 the bank gives to you.  How is it possible that the money you borrowed was created out of thin air?  Answer: because bank laws allow (and encourage) the hocus-pocus.  MORE THAN 90% OF THE MONEY IN THE ECONOMY TODAY IS CREATED BY YOU AND THE BANKS!