Wrong! Of course, if BADeckerville happened to be a legal lending institution like a bank in the US, then you are right right. I mean, checks are treated as money. All those little pieces of paper on the floor of the stock exchanges are treated as money at some time in their life. The banks have been given legal permission to treat promissory notes as money... in fact, as newly created money.
The problem is that they are harming the borrowers when they require them to pay the loan off twice. But since the borrower doesn't realize what is going on, there isn't a whole lot he can say.
Search on "Tom Schauf, bank freedom."
In addition, the second payoff money is what the US and the wealthy use to direct US funds and armament to Ukraine. So, the common people are supporting the war without even realizing it, or realizing how.
You seem seriously confused about what the fractional system is. You mean you get "fake" money and pay with "real money" or something like that? I would say you need to open a thread in the Economy section.
Other than that, opt-out. It is easier than ever to get out of the fractional system and into a real-no-multiplier money with bitcoin and others. Now, believe that if you are actually borrowing rather than lending, is much much worse.
I understand how you can be so easily duped by the banking system. Not all banking systems are the same. Just like the US is fighting Russia through the Ukraine.
But here is the point that answers it about US and Euro bank loans. When the banker gets the signed loan paperwork from the borrower, he deposits this paperwork in an account, just like it was a check or money order. In the same way that a check or money order is money, the loan paperwork is money as well. Then the banker withdraws the money and gives it to the borrower in the form of cash or a bank check.
An even trade. Borrower money to the banker in trade for banker money to the borrower. How do we know this to be true? The bank ledger shows the entries. Loan paperwork money in, and cash or bank check out.
The bank and the borrower created new money together. Most borrowers don't know this. That's why they pay the loan off the second time over the next 10 to 30 years.
If you don't want to believe it, just say so. But if you are seriously interest, study up on what Tom Schauf has to say, and why he is qualified to say it.
The fractional system is simply another system that banks are allowed to use by government to make more money. The families that own the banking system use both methods to get money to help pay for wars that they use to get even more money... like this Ukraine one.