What Is Money?

Watch these videos on the three definitions of money and the money-creation process in a fractional reserve banking system. The money creation process is key to understanding how the Federal Reserve Bank controls the economy via changes in the money supply.

 


Creating Money

 

Source: Mary J. McGlasson, https://youtu.be/DjTs-rjVkB8, https://youtu.be/pZRvja7Mvrw
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Last modified: Tuesday, September 19, 2023, 4:37 PM