This lecture discusses deposit banking, fractional reserve banking, deposit multiplier, creating money out of “thin air”, and the credit crunch.
The lecture draws from the book Mystery of Banking.
Courses / Introductory Macroeconomics / Lesson 11 of 24
This lecture discusses deposit banking, fractional reserve banking, deposit multiplier, creating money out of “thin air”, and the credit crunch.
The lecture draws from the book Mystery of Banking.