After a hard day’s work, and your staff have collected all the insurance checks and cash payments, someone runs all that money over to your local bank to make a deposit don’t they.
What you understand is that the number ‘saved’ up in your bank gets added up and that the money is being held for you. 
The simple teachings in school would teach you the banks loan out your deposit and gain interest on those loans. Which is a half truth.
Banking institutions don’t technically have to have any of your deposit in reserve for you the next time you come back to take a withdrawal. This is where things get a little crazy.
It’s called fractional reserve banking. And in March 2020, the Federal Reserve Bank reduced the reserve amount from 10% to 0%. So before the pandemic, banks were limited to loaning out 10 times the amount they actually had in deposits. Now it’s unlimited loaning in comparison to deposits.
This is a bit of insanity when you start looking into it. The loan you took out to buy your dental office, is likely backed by nothing but faith. Faith, aka Fiat, which is latin for ‘Let It Be Done’. If the government says it is money, so it is.
When you took out a loan for your dental office, the bank accounted for it as a negative asset. Or debt. We live in a sort of Debt Based Monetary System. By loaning you that dental office money you are helping grow the money supply, which in turns continues this little artificial bubble made by the leaders in charge.
This system was all developed by our central banks and pushed through congress on Dec. 23rd 1913. An important date, because it was pushed through congress when most were already out on vacation and developed in secrecy by 6 very powerful men who held a quarter of the world’s wealth at the time.
True story, these 6 men hopped on a train from New York, sworn not to be seen by any News Reporters and spent 9 days holed up on Jekyll Island. Don’t believe me? It’s all public knowledge now: https://www.federalreservehistory.org/essays/jekyll-island-conference
I know I have been on this economic, money kick for a few weeks of writing now. But I truly feel it is important that we arm up as much knowledge as possible. The 4th of July, our independence is coming. And it seems fitting to talk about this. We spent years of our lives, dedicated to school to just have the ‘right’ to drill holes in someone’s mouth. In that exchange, becoming a dental office owner, we are creating our own independence. Financial Independence is also freedom. It is a helpful pillar in setting forth our ability to thrive. But we do need to understand it, to be able to harness it.
I wish you the most wonderful weekend my intrepid reader.
Lam