Chapter 14, Part 1: The Money Supply Creation Process

This video explains the basics of the money supply creation process in a fractional reserve banking system.

Thanks for watching!

[mdtimo]

Now I have to watch the video on what happens if banks hold excess reserves as that seems to be the new normal. Zero reserve requirements is the law now, no? Maybe one day you'll need a video if crypto becomes money. Lots of fun in central banking.