Word. When you sign a mortgage or auto loan or any contract, you create the money out of thin air. The payment happens right then and there. The banks know this. They take those contracts and trade them as securities
"If the government can print unlimited amounts of money out of thin air, why do they collect taxes? The real problem is that you pay high taxes only to uphold the *illusion* that you are funding the government, which you are not. The government is funded by money printing.” — President Nayib Bukele https://v.nostr.build/KReg.mp4
Discussion
They have no reserves they take from to loan to you