"[Fractional reserve banking] Theorists who attempt to equate the irregular deposit contract with the loan contract fail to realize that their doctrinal stance ignores the true *cause* or purpose motivating the contracting parties to enter into a contract...*In other words, depositors hand over money as if making a deposit, and bankers receive it as if it were a loan*....Yet, what kind of contract has two essentially distinct legal causes? Or to put it another way: How is it possible that both parties to the same contract simultaneously intend to retain the availability of the same sum?" - Jesús Huerta de Soto, ***Money, Bank Credit, and Economic Cycles*** (2020) p. 136. 4th ed. Translated by Melinda Stroup. https://mises.org/library/book/money-bank-credit-and-economic-cycles

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