isn't all banking just check kiting?

Papastrophe2014-09-22T00:22:40Z

banks operate by depositors deposit and then they lend out some of that as loans,
check kiting is like if you write a check from 1st account to 2nd account and right before it gets deposited
you write a check using 2nd account so it seems like you have double the balance, which will be covered (hopefully) later by the deposit from the 1st account. this is borderline unethical/illegal.

so isn't all form of deposit/loan banking just a larger form of check kiting?

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Anonymous2014-09-22T06:12:08Z

The answer is no.

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Anonymous2014-09-22T03:11:40Z

no

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