Economic Prosperity For All from in a fractional reserve banking system Watch Video
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⏲ Duration: 34 min 40 sec ✓ Published: 24-Nov-2020
Description: The history of money, banking and the monetary system. The purpose of money, where money comes from, how the banking system creates money, how fractional reserve banking works, the different types of money in use in the global economy and the basics of how money circulates in the economy. We also talk about how the boom and bust cycle fuels arguments against free market capitalism and for socialism.nnThe origins of fractional reserve banking and where money comes from, how government debt became
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)