Crash Course: Chapter 7 - Money Creation by Chris Martenson
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I always thought my high school AP Economics was illogical somehow. And I always thought what would happen if multiple people want to take out their savings from the bank? Now I know why the class didn't talk about this part!
shiningc323 10 months ago 5
The easiest way to understand this is say u let the bank borrow 1000$ and they let someone else borrow 900$. If u went to the bank and withdrew that 1000$ would the bank tell u u have to wait until they got the 900$ back?
jaeknyc 3 weeks ago 2