Wednesday, July 3, 2019

How Banks Create Money and the Money Multiplier- Macro 4.8

Most of the money in our economy is created by banks, in the form of bank deposits – the numbers that appear in your account. Banks create new money ...

Money doesn't grow on trees, but it does grow in banks. I explain how banks create money and how to use the money multiplier. For more practice go to my website www.ACDCecon.com

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