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When you are stuffing paper money into a fireplace because it is cheaper to burn paper notes than to exchange those notes for unprocessed wood then I'd like to see you argue that those little paper notes are money at all. Its no longer a store of value and it is no longer useful for trade. It is of absolutely no value except for the btu content from burning it.
No, banks replicate money via the fractional reserve system. For every 1 dollar deposited, 9 dollars can be made in check money. Well that was before reserve requirements were completely removed at least.