This video explains why fractional reserve banking and the money multiplier theory are myths and how banks do, in fact, create money. Want to know more about money creation? Check out the playlist: https://www.youtube.com/playlist?list… Want to know more about central banking? Check out the playlist: https://www.youtube.com/playlist?list… Check out how I […]
Daily Archives: August 22, 2022
3 posts
Last year’s American Rescue Plan Act, ARPA, sent more than $10 billion to Ohio — $5.4 billion to state government and another $5.3 billion split among local governments. Before that, the Trump administration’s CARES Act sent the state $2.6 billion. Researchers with the Ohio Poverty Law Center and Advocates for […]
Some of the oldest and largest banks globally are publicly owned.