Right here’s a brand new Three Minute Cash episode. We’re nonetheless cranking via some fundamentals, however this one wants reiterating as a result of the cash multiplier appears to be immortal. Concepts like “fractional reserve banking” and the Fed controlling the cash provide via reserve creation nonetheless run rampant in financial and monetary circles. This video goes into some element on the mechanics and why it’s incorrect to think about cash creation as beginning with the Federal Reserve and being “multiplied” throughout the financial system. I hope you take pleasure in it. When you have matters you’d like me to cowl sooner or later movies please let me know.