Edit: I found it. It’s 20 minutes, but it explains how banks are able to loan $100 over and over and over and how money is created from NOTHING.
https://youtu.be/aXiNZWJKnVI
It was about 5 minutes long and succinctly described how the banks are able to loan your deposit up to 9 different times, how the fed works, bond selling and money creation. Has anybody seen that or know of a similar one that you could link? Thanks yo
Edit: I found it. It’s 20 minutes, but it explains how banks are able to loan $100 over and over and over and how money is created from NOTHING.
https://youtu.be/aXiNZWJKnVI
It was about 5 minutes long and succinctly described how the banks are able to loan your deposit up to 9 different times, how the fed works, bond selling and money creation. Has anybody seen that or know of a similar one that you could link? Thanks yo
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