"Money is created when banks lend it into existence. When a bank provides you with a $100,000 mortgage, it creates only the principal, which you spend and which then circulates in the economy. The bank expects you to pay back $200,000 over the next 20 years, but it doesn't create the second $100,000 - the interest. Instead, the bank sends you out into the tough world to battle against everybody else to bring back the second $100,000."
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Original Language: English
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Sources
Bernard Lietaer, Beyond Greed and Scarcity, YES! A Journal of Positive Futures , (Spring 1997)
https://en.wikiquote.org/wiki/Banking
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Banking
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