Learn About Money – Part 3: How Is Money Really Made By Banks?
How is money really made by banks? (Part 3 of 6)
Information covered in this video:
Three Forms of Money
The Balloon Model
What determines the amount of money in the economy?
Mine Bitcoin Daily For Free With Your Phone Or Computer
Exactly how banks create money out of nothing
Inter-bank settlement: One payment
Inter-bank settlement: Multiple payments
Fractional reserve banking
Reserve accounts & Real-time gross settlement