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 This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Last modified: Tuesday, May 14, 2024, 1:19 PM