When new credit is created in a debt based money system an asset and a debt on the same amount are created. Someone is holding an asset on X dollar and the counterpart is holding a debt on the same amount (X dollar) - together they cancel each other (=0). Let’s divide the population into two parts: 1) One part holding all the debts 2) The other part holding the corresponding dollar assets These two parts, in monetary aspect, are equal in size since all created credit equals the total amount …