Items tagged with: fractionalreservebanking

Teach your child about money, currency and fractional reserve banking

#parenting #children #money #currency #debt #fractionalreservebanking

Learningmarkets: Understanding the Fractional Reserve Banking System

When you put your money into a savings account or a checking account at a bank, the bank doesn't just sock it away in a vault underground somewhere. Instead, it lends your money to other individuals and companies who need it.
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Ulf Ayirtahsk Berg 7 years ago from Diaspora
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