[imtringued]

One thing that should raise an obvious flag is that if the bank lends your bank account balance, why isn't it telling you that you cannot withdraw or spend it? After all, that money is supposed to be in your or someone else's bank account! It can't be in both simultaneously. The only conclusion is that your bank account isn't actually your money but a bank's promise to pay you money and those promises are obviously created by the bank. The only confusion is over whether highly regulated promises that people use in their day to day activity as money substitute can be considered money or not.

The classic "bank takes your deposit and lends it out" only applies to certificates of deposit, after all, you have no access to that money. You can't transfer or withdraw it until the agreed date.