Interest on loans is a major contributing factor, on the governmental scale and the personal banking scale. Because only the money for the loan is produced and not the money to pay back the interest. With each new loan taken out, and even with each friend lending another money and asking for more back, and even with the pawning of jewellery and other items that we must then pay upwards of the value to recover - each of these things and many more put a strangle hold on the money supply and force more people into poverty.

While there is of course a set amount of bitcoin that will ever be created, with additions like the lightning network and whatever else may come in future, and when fiat is gone and everything turns to digital, I wonder what effect interest on loans will have on the money supply? The moment bitcoin starts getting loaned out at interest on a large scale then we will notice that that while there is only x amount of million worth of bitcoin in circulation, there is x amount + 10 million BTC owed in debt. The difference will be that printing more money won't be a viable option to combat the problem, so I wonder what state the world will be left in at that point. Perhaps the printing of money will be replaced by the minting of new tokens that represent debt. So I wonder whether anything at all will change other than the fact that there will now be a record of every transaction everyone will ever make.