How Fair is Banking? with Professor Mehrsa Baradaran
Getting Better with Jonathan Van Ness
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What Is a Bank?
Wut shou think itas been something that the united states has collectively imean why america has collectively started to open their minds and eyes to. When a bank gives a loan, they're actually creating money. And this is an important concept that that i think is at the foundation of banking. It's not that banks take everyone's deposits and that's all the money they have, and then they make loans from those deposits. Banks hold a little bit of deposits and they lend out the rest. But they also can lend out more than the amount that they have in deposits because of their connection to the government and the treasury. So so it is a bank loan that creates individual
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