nostr:npub1ly26mcp4r2yxs9fcsacegyxn6tu8pat7hlxlnk8fc2z573swk8qqlqp3k0 

There's an interesting issue here about credit creation & how it is understood.

See the article by Steve Keen below which explores this debate & concludes that money (and thereby credit) can be (and is) created by banks (in this case mortgage lenders) without the need to borrow from elsewhere.

https://www.forbes.com/sites/stevekeen/2015/02/28/what-is-money-and-how-is-it-created/