
It is worth to present an example to start with the subject, a factual example from existing interest based banking methodology that is valid and current, which can be well understood by a common person. One should consider the following facts before going through the example. The facts are:
Only Banks create money.
The created money is then supplied in to the economy only in the form of loan at some specified interest.
There are no other institutions that create money other than banks.
The example - an astonishing fact
As all the banks are creating money and supplying in to the economy on interest and without any doubt all of them are practicing...