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16:08
YouTube
You Will Love Economics
Macro: Unit 4.5 -- Banks and Money Creation
Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define fractional reserve banking - Explain the process through which demand deposits are turned into required reserves and new loans (loanable funds) - Discuss how banks earn profits through interest rates on outstanding loans - Define the money multiplier ...
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