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Lesson 6 of 9

Banking: How Bank Notes and Checks Work?

This video explores how bank notes and checks are used as a unit of exchange as an alternative to gold. It explains, in plain english, the concepts of how payments work through banks.

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Banking: Introduction to Bank Notes

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Banking: How Banks Give Out Loans?

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Banking 101

9 lessons

Lessons

1
How a Bank Works?
2
A Bank's Income Statement
3
Fractional Reserve Banking System
4
Banking: Multiplier Effect and the Money Supply
5
Banking: Introduction to Bank Notes
6
Banking: How Bank Notes and Checks Work?
7
Banking: How Banks Give Out Loans?
8
Banking: Understanding Reserve Ratios
9
Banking: Introduction to Leverage
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