I created this thread to gauge how many people actually know where the vast majority of the money supply comes from, so I'm asking people to offer their theories.
I only think it is a problem when the government does by printing cash.
the one with banks don't cause that much problem since they are private companies who care about their bottomline and won't just do things carelessly like the government.
The Sparkassen are a group of savings banks that have been operating across Germany since the first one was established in Hamburg in 1778. They were born of the need to invest in the country and in German society, and they maintain close ties to local communities. Banks are located all around the country and they are managed by an umbrella organisation Deutscher Sparkassen- & Giroverband (DSGV). They are established by law with a mandate of public service and regional development, and their success is measured based on their impact on local communities rather than on traditional economic requirements.
"The Sparkassen are most notable for the public welfare mandate they have, whereby stakeholder value is the key objective not shareholder value. The Sparkassen have the lion's share of the market for SME financing in Germany at 70% with an overall 42% market share of business financing generally. As of 2014, the 423 Sparkassen had 15,300 branch offices with 245,000 staff and a business volume of €1,106 billion."