The banker presumes himself an expert, but alas....

The banker presumes himself an expert, but alas....

This blows my mind. I can get any other normie not understanding how money works, but a bank employee? Scary...
People convert credit into debt by agreeing to a loan. Banks make this debt fungible by holding the individual's debt note and converting it into fungible debt notes called bank notes. Fiat money is a banknote issued by a central bank and is redeemable for all debts according to legal tender dictate.