Ep. 435 Adam Haman Asks Tough Questions About Richard Werner on Banking
Bob Murphy Show
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Understanding Banking Mechanics
This chapter provides an in-depth exploration of commercial banking operations, particularly in relation to reserve accounts with the Federal Reserve and the implications of fractional reserve banking on money supply. It examines the processes of money creation, lending practices, and the changes in reserve requirements, especially in the context of the 2020 pandemic. Through critical discussions around different banking theories and regulatory frameworks, the chapter highlights the contrasts and debates within the field of banking economics.
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