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Au contraire, it's all interdependent.  If, for instance, we all pull out all of the money that's theoretically "available" in our "demand deposit accounts" at the same time, we immediately end civilization as we know it.  Period.  End of story.  Defining fungible capital for the sake of the debate does nothing whatsoever to quantify how much is technically available to direct to "productive" efforts.  You could just as well be ultimately "eating your seedcorn" if the math doesn't work out right.  Therefore, get more specific.